New Green Hues Of Tata Steel U.K.
Ailing Port Talbot unit’s transition to green steel set-up with 40% revival cost borne by Britain.
tata steel europe
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Tata Steel warns UK biz may cease to continue as going concern
The dim outlook comes after Tata Steel assessed the potential impact of the economic downturn in Europe.
Recession worries, energy costs weigh heavily on Tata Steel Europe
The European business lost ₹7,810 at EBITDA level for each tonne of steel that it produced in the December quarter
Can Tata Steel Europe turn financially self sustainable?
Tata Steel Europe's EBITDA per tonne of steel has shot up nearly four times to ₹18,135 in January-March quarter of 2022.
Ghost of Corus, Tata Steel UK, nearing self-sufficiency, says CEO TV Narendran
Tata Steel Europe posted EBITDA of ₹1,533 crore and ₹3,340 crore in the first and second quarters, respectively.
Tata Steel net profit rises 7x to ₹12,548 crore in Q2 FY22
Debt repayments of ₹11,424 crore in the first six months of FY22; gross debt reduced to ₹78,163 crore.
Best time for steel in 15 years: T.V. Narendran
Tata Steel to spend ₹11,000 crore; sees European business cash-positive this year.
Tata Steel-Thyssenkrupp European JV unlikely to proceed
The steelmakers say they are unwilling to make any more concessions to appease the European antitrust regulator.
