Tata Steel
Indian multinational steel company
Follow Tata Steel on Notably News to receive short updates to your email — rarely!
| September 11 2024 | Tata Steel UK announced the elimination of 2,500 jobs at the Port Talbot steelworks, despite a £500 million taxpayer-backed deal from the UK Government. |
| September 29 2023 | Tata Group held 33.90% shares in Tata Steel, with Life Insurance Corporation of India being the largest non-promoter shareholder with 10.89% shareholding. |
| March 31 2023 | Tata Steel Group recorded a consolidated turnover of US$31 billion for the financial year ending on this date. |
| 2022 | Tata Steel, through its subsidiary Tata Steel Long Products (TSLP), acquired a controlling stake in Neelachal Ispat Nigam Ltd (NINL), outbidding Jindal Steel and JSW Steel. |
| September 2022 | Announced merger into Tata Steel. |
| April 2022 | Tata Steel had to find alternative coal sources for its UK and Netherlands steel production plants due to European sanctions on Russia following its invasion of Ukraine. |
| November 2021 | Tata Steel was the most profitable company in the Tata Group. |
| October 2021 | Sold subsidiary Natsteel Holdings Pte. Ltd to TopTip Holding Pte for $172 million, including facilities in Singapore and Malaysia. |
| October 2021 | Tata Steel Europe officially split into two independent entities: Tata Steel Netherlands and Tata Steel UK. |
| August 2021 | Announced expansion plans for an additional capacity of 300,000 tons per annum. |
| March 2021 | CO2e emissions reduced to 25,790 kilotons by 31 March 2021, representing a 6.6% year-on-year reduction. |
| November 2020 | SSAB of Sweden announced intention to buy Tata Steel's unit in IJmuiden, Netherlands, but backed out in 2021 due to technical and cost issues. |
| July 2020 | Tata Steel proposed giving 50% of its stake in Port Talbot Steelworks to the UK Government in exchange for £900 million capital injection. |
| June 2020 | Tata Steel requested £500 million in UK government support. |
| March 2020 | Tata Steel Group's total CO2e emissions slightly decreased to 27,610 kilotons by the end of March 2020. |
| 2019 | EU antitrust regulators rejected the proposed merger with ThyssenKrupp, and Tata Steel decided to sell some non-core business units in the UK. |
| 2019 | Tata Sponge Iron Limited, a Tata Steel subsidiary, acquired the steel business of Usha Martin Limited for Rs.4,094 crore, including a specialty steel plant and mines. |
| 2019 | Tata Steel announced plans to cut 3,000 jobs across Europe, including locations in the UK (Port Talbot Steelworks), Netherlands, and other units, following a failed consolidation attempt with German steelmaker Thyssenkrupp. |
| July 2019 | Tata Steel Kalinganagar (TSK) was included in the World Economic Forum's Global Lighthouse Network. |
| March 2019 | CO2e emissions further increased to 28,310 kilotons by the end of March 2019, marking the highest point in the given data. |
| January 2019 | Attempted to sell 70 percent stake in South East Asia business (NatSteel and Tata Steel Thailand) to China's HBIS Group for $327 million, but the deal fell through due to regulatory issues. |
| 2018 | Production and sales reached 360,000 tons. |
| March 2018 | Tata Steel Group's CO2e emissions continued to rise, reaching 27,690 kilotons by the end of March 2018. |
| September 2017 | Tata Steel and ThyssenKrupp announced plans to combine their European steel-making businesses into an equal joint venture, which was later rejected by EU antitrust regulators in 2019. |
| July 26 2017 | Insolvency proceedings were initiated against Bhushan Steel, leading to Tata Steel's acquisition through its subsidiary Bamnipal Steel Ltd. |
| March 2017 | Total CO2e emissions increased significantly to 26,640 kilotons by the end of March 2017. |
| February 2017 | Tata Steel decided to sell its specialty division to Liberty House Group. |
| April 2016 | Tata Steel sold its Long Products Europe Division in Scunthorpe, England to Greybull Capital LLP, which was subsequently renamed British Steel Limited. |
| March 2016 | Tata Steel Group's total CO2e emissions slightly decreased to 21,760 kilotons at the end of March 2016. |
| 2015 | Tata Steel considered selling its facilities in Port Talbot, Hartlepool, Rotherham, and Stocksbridge, but the sale was put on hold due to Brexit. |
| March 2015 | Tata Steel Group reported total CO2e emissions of 21,820 kilotons at the end of March 2015. |
| 2014 | Tata Steel launched Jamshedpur Continuous Annealing and Processing Company Pvt Ltd (JCAPCPL), a joint venture with Nippon Steel to produce continuous annealed products for the automotive industry. The plant had a 600,000-tonne capacity and was established with an investment of 2,750 Crores, with Tata Steel holding 51% ownership. |
| 2012 | Tata Steel increased its shareholding in TCIL to 73.44%. |
| May 2011 | Dhamra Port began commercial production, located near Bhitarkanika National Park and Gahirmatha Beach, raising environmental concerns due to its proximity to sensitive ecological zones. |
This contents of the box above is based on material from the Wikipedia article Tata Steel, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.