Tag: Tata Steel

Ceremony for Tata CAPL project

Tata Steel conducted the groundbreaking ceremony for the 600,000tns/yr continuous annealing and processing line (CAPL) project, at the Tata Steel works. This is part of the joint venture agreement to set up India’s first CAPL for the production of automotive cold-rolled steels at Jamshedpur signed between Tata Steel Limited and Nippon Steel Corporation in January 2011.

TATA raises wire rod prices

TATA Steel is raising transaction prices for UK April 2011 deliveries of wire rod produced at its Scunthorpe Rod Mill. Costs will increase by a minimum of GBP 125, with some grades rising by as much as GBP 150 per tonne.

TATA Steel opens processing centre

TATA Steel has invested GBP 1.3 million in a new processing and distribution centre located in Scunthorpe. The project was built in response to the UK’s renewable energy program and expected growth in the wind power sector.

TATA Steel invests in conservation

TATA Steel will invest INR 2000crore on environment conservation at its INR 19,500crore plant coming up in Bastar district of Chhattisgarh, India.

The Netherlands: combined heat and power plant

Tata Power, TATA Steel and Corus Staal BV have signed a MoU for building a 525MW combined-heat and power plant at Corus’ IJmuiden works in the Netherlands.

Tangarpada chrome ore

Visa Steel has pipped TATA Steel and Jindal Stainless in offering the highest bid for chrome ore from Tangarpada in Orissa, a mine that was caught in legal wrangles for many years.

India: iron ore palletizing plant

Outotec and TATA Steel have agreed upon the delivery of an iron ore palletizing plant to be built in TATA’s steel works in Jamshedpur.

Amity Corporate Excellence award

Tata Steel has won the Amity Corporate Excellence Award from the Amity International Business School.

Tata Steel completes Corus acquisition

Tata Steel has announced that it has completed its GBP 6.2 billion acquisition of Corus Group plc (Corus) at a price of 608 pence per ordinary share in cash.

Corus shareholders to vote on Tata offer

Shareholders of Corus will meet on 7 March 2007 to formalize Tata Steel's takeover bid of 608 pence a share, following which the deal is expected to become effective on 2 April 2007.