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Tata Steel - Latest news GMK Center

Photo – Tata Steel Netherlands submits draft EIA for green transition
Tata Steel Netherlands submits draft EIA for green transition

The company calls it the next step in the permitting process

Photo – European countries granted €14.6 bln for decarbonization of the steel sector
European countries granted €14.6 bln for decarbonization of the steel sector

Tata Steel Ijmuiden project to be largest recipient of government aid

Photo – Falling steel prices are a major problem – Tata Steel CEO
Falling steel prices are a major problem – Tata Steel CEO

The issue of tariffs on steel imports to India is under active consideration

Photo – Low steel prices affect Tata Steel’s performance in the UK and the Netherlands
Low steel prices affect Tata Steel’s performance in the UK and the Netherlands

The company notes that the global operating environment remains challenging

Photo – Tata Steel increased steel production in India by 5% y/y in July-September
Tata Steel increased steel production in India by 5% y/y in July-September

Domestic supplies increased by 5.8% year-on-year in this period

Photo – Tata Steel Nederland cuts costs amid worsening market conditions
Tata Steel Nederland cuts costs amid worsening market conditions

The company does not expect the steel market to recover after the summer

Photo – Tata Steel expands steel capacity in Odisha
Tata Steel expands steel capacity in Odisha

Indian steel producer has announced that it has commissioned the largest blast furnace in the country

Photo – Tata Steel in April-June increased its net profit by 51% y/y
Tata Steel in April-June increased its net profit by 51% y/y

Total expenses in this period fell by 11% year-on-year

Photo – Tata Steel increased its steel production by 12.6% y/y in Q2
Tata Steel increased its steel production by 12.6% y/y in Q2

Consolidated steel shipment for April-June increased by 3.9% y/y

Photo – Tata Steel Netherlands starts producing steel with 30% recycled content
Tata Steel Netherlands starts producing steel with 30% recycled content

Zeremis Recycled products contribute to the cyclical use of steel and the reduction of CO2 emissions

Photo – Danieli selected as green technology supplier for Tata Steel IJmuiden
Danieli selected as green technology supplier for Tata Steel IJmuiden

The companies signed an agreement according to which Danieli will build a DRI production plant using Energiron technology in Ijmuiden

Photo – Tata Steel Netherlands increased steel production by 24% q/q in Q1
Tata Steel Netherlands increased steel production by 24% q/q in Q1

Steel shipments increased by 10% q/q in 3 months

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