Tag: Tata Steel

Tata Steel plans to build a Vacuum Induction Melting (VIM) furnace at its Stocksbridge site in South Yorkshire, UK. The cutting-edge VIM furnace will allow Tata Steel’s Speciality Steels business, which already supplies steel to aircraft engine and airframe makers, to expand its product portfolio further.

Tata Steel reorganised its leadership structure and announced a series of executive appointments. The Board of Tata Steel has appointed T V Narendran as MD - designate, India and South East Asia and has inducted him as an additional director on the Board.

Tata Steel has been adjudged the Best Performing Integrated Steel Plant in India for the year 2011-12 based on the recommendations made by a Panel of Judges that selected companies for the Prime Minister’s Trophy awards for the year 2011-12.

Tata Steel will manufacture 60,000t of high-quality rail for a new high-speed line linking the two holy cities of Mecca and Medina in Saudi Arabia. Steel for the project will be made at Tata Steel’s Scunthorpe, UK, plant before being rolled into rail in lengths of 25m both there and at the company’s plant in Hayange, Northern France.

Tata Steel’s European operations are reconfiguring some of its assets in the South Yorkshire area of the UK based on customer feedback from it US clients to serve the vital North American market better.

Tata Steel has secured a long-term agreement to supply aerospace steels to Safran Group that manufactures aircrafts, rocket engines, propulsion systems and aircraft equipment.

For the next five years, Tata Steel will be responsible for supplying all aspects of aircraft-quality steel requirements, including remelted steels, to Safran Group companies as well as to its sub-contractors.

Tata Steel has completed an upgrade of its corrosion-resistant coating line in South Wales to improve and expand the company’s range of high-value, high-formability automotive steels. The Zodiac plant is Tata Steel’s coil galvanising line at Llanwern.

This year's Offshore Technology Conference (OTC) in Houston saw TATA Steel demonstrate its ability to deliver pipeline solutions to some of the world's most challenging and complex projects. Global demand for key energy sources are increasing and the search for hydrocarbons is taking the industry into deeper and more difficult environments.

The Press Trust of India has reported that steel major TATA Steel is hitting the markets for a possible Singapore dollar denominated bond sale. Merchant bankers said that "a Singapore dollar denominated Reg S (senior unsecured bonds) transactions may be launched, subject to market conditions, following the investor roadshow.

Nippon Steel and Sumitomo Metal Industries will likely proceed with Tata Steel as their partner in the Indian market, after their proposed merger, due to the fact that they are the bigger brand in the global arena.