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These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
[9] [8] Tata Steel was ranked 486th in the 2014 Fortune Global 500 ranking of the world's biggest corporations. [10] It was the seventh most valuable Indian brand of 2013, according to Brand Finance. [11] [12] [13] Tata Steel was listed amongst India's "Best Workplaces in Manufacturing" by Great Place to Work for the fifth time in 2022. [14]
Formerly Tata Steel Europe, since 2021 split into: Tata Steel Netherlands (TSN) Tata Steel UK; Tata Steel BSL – a steel company formerly known as Bhushan Steel; Tata Bearings; Tata Sponge Iron Ltd; Tata Tinplate; Tata Metaliks Ltd; Tata Pigments – TATA Pigments Ltd (TPL) produces synthetic iron oxide pigments. Tata Colours; TRF
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In 2021, the company was split into a British and a Dutch branch: Tata Steel Netherlands (TSN) and Tata Steel UK, both of which fell directly under the Indian parent company Tata Steel. [1] Corus Group was formed through the merger of the Koninklijke Hoogovens and British Steel plc in 1999 and was a constituent of the FTSE 100 Index.
Tata Steel acquired a 72.65% stake in Bhushan Steel on 18 May 2018 through its subsidiary Bamnipal Steel. Tata Steel paid ₹ 35,200 crore (equivalent to ₹ 470 billion or US$5.4 billion in 2023) to Bhushan Steel's creditor banks, and an additional ₹ 1,200 crore (equivalent to ₹ 16 billion or US$190 million in 2023) over 12 months to Bhushan Steel's operational creditors. [7]
Tata Technologies Inc acquired INCAT International, a UK-and US-based automotive and aerospace engineering company, in August 2005 for £53.4 million. [14] In 2011, Tata Technologies raised ₹ 141 crore (US$30 million) by selling 13% stake to Tata Capital and Alpha TC Holdings. [15]
Bhilai Steel Plant is raising its capacity of steel production through modernization and new projects. The major upcoming project is the commissioning of a giant blast furnace 4,060 cubic meters in volume, with a hot metal production capacity of 8,000 tonnes per day.