Tata Steel

Tata Steel expects better operations in Europe in July-September

The company notes that costs will decrease due to the drop in energy prices

Tata Steel may consider curtailing some operations in the UK

The company expects to receive financial support from the British government within 12-24 months

Tata Steel began testing hydrogen injection into a blast furnace

Indian plant testing aims to reduce coke use and reduce carbon emissions

Tata Steel plans to raise a $400 million green loan for the first time

The company plans to start green steel production at its IJmuiden plant in the Netherlands in 2030

Tata Steel Europe notes improvement in rolling stock deliveries in Q1

In January-March 2023, the company increased the shipment of rolled steel to customers by 7% q/q

Tata Steel increased steel output by 4% y/y in 2022-2023 financial year

In the fourth quarter of the last fiscal year, the company increased steel production by 5.1% y/y

Tata Steel IJmuiden will start the modernization of blast furnace №6 in April

The company has also created a group to address issues with the cold rolling condition of №21

Tata Steel plans to install induction furnaces at its Corby pipe plant

Due to the installation of the latest units, carbon emissions at the enterprise will be reduced by 2 thousand tons per year

Tata Steel Nederland will supply green steel to four companies

Deliveries of Zeremis Carbon Lite steel will begin this year

Tata Steel Netherlands announced force majeure

At the enterprise in Eimeiden, difficulties arose with the modernization of the rolling mill

Tata Steel made a loss of $268.9 million in the third quarter of the 2022/2023 financial year

Activity in Europe was affected by energy prices and recession concerns

Tata Steel starts plant construction with EAF in India

The enterprise will produce 750 thousand tons of steel per year

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