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 Nov 22, 2009  
 
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Tata Steel to up iron ore output by 55%
The move is aimed at insulating its steel plant at Jamshedpur in Jharkhand from fluctuating raw material prices. The increased ore output will be used to feed the Jamshedpur plant, which is raising it....
 
Tata Steel to swap $875mn of securities
The new FCCBs will have a yield-to-maturity of 4.5 per cent and are to mature in November 2014. And, are convertible into shares at Rs 605.53 each, a 15 per cent premium to the closing price on Wednes....
 
Tata Steel mulls $875 cr exchange offer via FCCB
Tata Steel Ltd (BOM: 500470) traded in red even as the company today announced the approval of an exchange offer for existing securities into foreign currency convertible bonds (FCCB).....
 
Tata Steel to kick start Vietnam project
World's sixth largest steel maker, Tata Steel said its Vietnam project will kick start at the earliest.....
 
Tata Steel inks pact with Canada firm for iron ore
In the project, New Millennium sees estimated reserves of 100 million tonnes of ore that can be shipped directly, and the firm expects an annual output of 4 million tonnes.....
 
Metal stocks in blue: Jai corp, Tata Steel zoom
Metals major, Tata Steel Ltd (BOM: 500470), Jai Corp Ltd (BOM: 512237) and Sesa Goa Ltd (BOM: 500295) led the sectoral BSE Metals index in green.....
 
Tata Steel cuts steel price, glut in China
China Iron & Steel Association warned that steel production in the world’s third largest economy would rebound 10 per cent to about 550 million tonnes in 2009. That’s roughly equivalen....
 
Tata Steel’s profit falls by 49%
The company’s standalone net profit, which excludes earnings from the European unit Corus, dropped 49% to Rs 903 crore in the quarter ended 30 September from Rs 1,788 crore in the year-ago perio....
 
Tata Steel to set up largest air separation unit
The Linde Group will build and commission 2550 tonnes per day air separation unit at Tata Steel Ltd's Jamshedpur plant. Once comissioned in 2012, it will be the largest air separation plant in India a....
 
Tata Steel Q2 net profit down 49.5 percent
India’s Tata Steel announced dips in its second quarter net profit from Indian operations due to high prices and lack of demand.....
 
Metals melt on bourses: Sterlite, Tata Steel down
Metals stocks traded under heavy selling pressure even as the financial results of some leading companies are awaited.....
 
BOC India shoots on Tata Steel order
A member of Linde Group, BOC India Ltd (BOM: 523457) today gained momentum on the Bombay Stock Exchange (BSE) as the company received a prestigious order from Tata Steel for supply of 4000 tonnes per ....
 
Tata, Essar get worldsteel awards for safety, health
Tata Steel’s programme concentrated on their contract workforce, who received comprehensive training prior to the construction of a new blast furnace. The new plant was built and commissioned wi....
 
19% rise in Tata Steel’s Q2 sales
In the second quarter ended September 2009, Tata Steel recorded a 14% jump in saleable steel production to 1,519,000 tonne over the second quarter of 2008-09. Crude steel rose to 1,640,000 tonne from ....
 
Tata Steel sales up 21%
In the corresponding period last year, the steel major’s sales stood at 23.80 lakh tonnes. Sales rose by 19 per cent to 14.56 lakh tonnes in the second quarter this fiscal, compared to 12.20 lak....
 
Steel Stocks boom, Tata Steel, JSW Steel rise
Steel stocks recorded high gains on the Bombay Stock Exchange (BSE) as the Sensex gained marginally by 0.6% to 17080 points during the afternoon trading session today.....
 
Nerurkar takes over as Tata Steel MD
After a meeting, Tata Steel agreed to appoint Muthuraman as non-executive vice-chairman. Nerurkar was appointed as managing director of Tata Steel, and Kirby Adams was appointed as MD and CEO of Tata ....
 
Tata Steel wins award for CSR initiatives
The award was received by Tata Steel vice-president (corporate services) Partha Sengupta and chief (Corporate sustainability services) Satish Pillai from Lord Mervyn Davies of UKTI in Mumbai on Septem....
 
Tata Motors sells holding in Tata Steel to Tata Sons
Tata Sons had also bought 0.81 million shares of Titan Industries from Tata Chemicals for Rs 100 crore on Friday. The group holding firm has been increasing its holding since the downturn pulled down ....
 
Steel price hike flayed
Cashing in on the rising demand and firming global trend, domestic steel firms like SAIL and Tata Steel have increased the prices of some of their products by up to Rs 2,000 in past two months, which ....
 
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