Tata Steel - Latest news GMK Center

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

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

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

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

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

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

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

Deliveries of Zeremis Carbon Lite steel will begin this year

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

Activity in Europe was affected by energy prices and recession concerns

The enterprise will produce 750 thousand tons of steel per year

The indicator fell by 6.3% compared to the second quarter of the 2022/2023 financial year