The Tata Steel board has recently declared that Karl Koehler has decided to step down as a director of Tata Steel Limited and as Chief Executive Officer and Managing Director of Tata Steel Europe so he can take up a senior leadership position with a large privately-owned industrial company in Germany.
Tata Steel informed employees at its South Wales-based Strip Products business about cost reduction and high-value production concentrate on production of hot rolled coil at its Port Talbot facility empowered with quality and capacity upgrades and using recovered energy sources from the steelworks.
In January, 2015, Tata Steel received the Prime Minister's Trophy for the 'Best Performing Integrated Steel Plant' in the country during the performance year 2010 - 2011. In recognition of the company's outstanding performance, the Prime Minister's Trophy was presented by the Indian Prime Minister Narendra Modi to T V Narendran, managing director, India & South East Asia, Tata Steel.
Tata Steel announced the acquisition of three strip products service centres in Sweden, Finland and Norway to strengthen its offering to manufacturers in the Nordic region.
Tata Steel in Europe has reached an agreement with steel producer SSAB to buy its strip products service centres at Halmstad in Sweden and Naantali in Finland.
Tata Steel reached a significant milestone in the transformation of its European steel portfolio with the launch of the hundredth new product in its revitalised new product development programme.
Tata Steel revised its new product development activities in 2011 as part of its market differentiation strategy, which delivers innovative products and services to customers who are increasingly demanding advanced, high-tech steels.
As part of its long-term growth strategy, Klöckner & Co aims to digitalize its entire supply chain. Klöckner has gained commitment from Europe’s second largest steel producer, Tata Steel, for a comprehensive EDI connection.
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