Page 46 - Tata Steel

Will consider balance sheet as first priority, says Tata Steel's Chatterjee

As a principle, we are determined to ensure all businesses, including Indian and overseas subsidiaries, are free cash flow positive, says Chatterjee

Tata Steel shares gain 3% on strong September quarter results

Tata Steel said it has initiated discussions with SSAB Sweden based on interest received for the potential acquisition of Tata Steel's Netherland business, including Ijmuiden steelworks

Tata Steel Q2 net halves to Rs 1,665 cr as tax expenses hit bottom line

This, even as sales jumped 7.4% YoY and capacity utilisation reaches normal levels

Tata Steel to split European activities, in talks with SSAB for Dutch sale

SSAB earlier on Friday confirmed it is in discussions with Tata Steel Group

Steel stocks in focus; Tata Steel, SAIL rally 5% on healthy outlook

Tata Steel partly-paid up shares were locked in the 10 per cent upper circuit at Rs 80.90, which was also its 52-week high on the BSE

Atmanirbhar move: Tata Steel to source entire domestic requirement from Hind Zinc

Under the MoU, Hindustan Zinc will cater to both Tata Steel & Tata Steel BSL

Steel firms plan return to office, set up 'flexible' policies for employees

Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy

Tata Steel's overseas plants back to high utilisation: CEO TV Narendran

Steel sale in India may be lower by 20 per cent at present but China's rapid recovery has helped global steel industry, he said

Steelmakers' prospects receive a boost from improving China data

Encouraging economic data from China, rising demand and higher realisations improve earnings outlook

Swedish steelmaker SSAB looking at merger of Tata Steel Europe business

Steel producers in Europe are under pressure to consolidate, having been battered by weaker demand and global overcapacity

Tata Steel: Rising demand, steel prices and integrated ops bode well

During Q2, Tata Steel not only achieved its highest-ever domestic deliveries of 5.05 million tonnes (MT), volumes at its European operations too, rebounded to year-ago levels

Tata Steel BSL posts Rs 341.71 crore net profit for September quarter

Tata Steel BSL on Wednesday posted a consolidated net profit of Rs 341.71 crore for the quarter ended September 2020, helped by higher income

Tata Steel Long Products freezes at 20% upper circuit on robust Q2 results

The company reported a consolidated net profit at Rs 59 crore in Q2FY21, as against loss of Rs 197 crore in the year ago quarter

Steel companies lean on Indian market, post strong volume sales in Q2FY21

They have also been hiking prices almost every month, the latest being in October by Rs 1,500-2,000 a tonne, depending on the product category

Steel producers see retail strengthening despite spiking Covid-19 cases

While Covid-19 pandemic is setting a new normal for most industries across sectors, domestic primary steel producers too are adopting different ways to enhance focus

Zoning sale areas is the new strategy for Tata Steel amid Covid-19

Besides reaching out to customers in a faceless manner, Tata Steel helped customers get permission from local authorities

Tata Steel inks deal with Workers' Union to pay annual bonus to employees

The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20

The problem of scale

There is room for consolidation in India, but we need to guard against concentration of power

Despite Covid-19, Tata Steel to pay Rs 235-cr bonus to employees for FY20

The memorandum was signed by Tata Steel CEO and Managing Director T V Narendran and TWU President R Ravi Prasad

Tata Steel output back at 100% led by rural demand, good monsoon: Narendran

The company is now less dependent on exports compared to the first quarter, he added