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The Latest Breaking News from Tata Steel

Tata Steel Q4 Results: Cons PAT soars 147% YoY to Rs 2,965 crore, revenue jumps 13%

Tata Steel Q4 Results: Tata Steel reported a consolidated net profit of Rs 2,965 crore in the March-ended quarter versus Rs 1,201 crore in the year ago period, a 147% YoY growth.

The Economic Times

Capitalmind Flexi Cap Fund exits RIL and 2 others, hikes stake in Titan Company, MCX and 16 other stocks in April

Capitalmind Flexi Cap Fund exited Reliance Industries, Bank of Baroda, and L&T Finance in April. The fund also increased stakes in Titan Company, MCX, and 16 other stocks, including NTPC and ONGC. It added MTAR Technologies, Tata Steel, and Kirloskar Oil Engines as new holdings, expanding its portfolio to 42…

The Economic Times

Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels

Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were…

The Economic Times

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JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in April

JioBlackRock Mutual Fund’s Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while adding 27 new stocks to its portfolio. The fund also increased exposure to several large-cap names and expanded its portfolio size from 107 to 117 stocks.

The Economic Times

Minister insists UK steel tariff plans are ‘not very Donald Trump’

The Government wants up to 50% of steel used in the UK to be made in the country, up from 30%.

Evening Standard

UK to double steel tariffs to 50% to save plants from collapse

Business secretary announces new measures during visit to Tata’s Port Talbot plant

The Guardian - UK

Steel strategy announced to preserve production in the UK

Government says its ambition is for up to 50% of steel used in the UK to be made in this country.

Evening Standard

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UK steel industry has ‘two months to be saved’, warns Tata Steel

He told Parliament’s Business and Trade Committee that the sector is at threat due to fears of further cheap Chinese imports.

Evening Standard

‘Existential threat’: what do EU’s 50% steel tariffs mean for UK industry?

Why UK steel sector is alarmed by prospect of punitive tariffs from its biggest customer

The Guardian - UK

Tata bought slabs from rival British Steel as it sought to beat Trump tariff plans

Sale of product from Scunthorpe plant came when Indian-owned firm tried to avoid US rules that were later dropped

The Guardian - UK

Port Talbot, one year on: steelworks closure shows why public is losing trust in net zero

The rolling mills are still working, but the furnaces are long cold. Of the 4,000 people previously employed at the steel mill in Port Talbot, Wales, only half still work there. Despite union protests and local rallies, one year ago on September 30 2024, the plant’s last coal-burning blast furnace…

The Conversation

Tata Steel fined £1.5m following death of contractor at Welsh steelworks

Justin Day, 44, from Llansamlet, Swansea, died from injuries he sustained while working at the Port Talbot site in 2019.

Evening Standard

Steel company fined £1.5m following death of ‘much-loved’ contractor

Justin Day, 44, from Llansamlet, Swansea, died from injuries he sustained while working at the Port Talbot site

The Independent UK

Port Talbot moves towards arc furnace future with groundbreaking ceremony

Ministers and Tata chiefs will mark the beginning of construction of the new electric arc furnace with a groundbreaking ceremony.

Evening Standard

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Evening Standard

Starmer to warn of ‘backroom stitch-up’ in Welsh elections

Prime Minister Sir Keir Starmer will give a speech to the Welsh Labour conference ahead of the Senedd elections in May next year.

Evening Standard

Reynolds: Port Talbot plant does not meet US rules to get steel tariff exemption

Negotiations are ongoing to secure the outstanding tariff agreements.

The Guardian - UK

Trump threatens to keep 25% tariff on UK steel imports over Port Talbot concerns

Exclusive: Sources say US wants information on when importing of raw materials from abroad at Port Talbot site will stop

The Guardian - UK

‘Vital’ that British steel gets Trump tariff deal after UK-US trade pact, say unions

Starmer should secure deal as soon as possible to exempt UK steel from US levies, says Community union

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The Guardian - UK

Fears Tata Steel could be excluded from Starmer’s Trump tariff deal

UK ministers working to secure carve-out from 50% rate for Indian-owned Port Talbot works

Evening Standard

Plaid Cymru says Labour ‘abandoned’ Port Talbot steelworkers after Tata closure

Liz Saville Roberts says the Government does not know how many people have used a fund for retraining redundant workers.

The Guardian - UK

Cheaper energy, more cash and a bit of scrap: how to save British Steel

UK politicians and industry have options if they want steel to make money while minimising emissions

The Guardian - UK

The Observer view on British Steel: saved for now, but for how long?

Governments of both colours bear responsibility for the sorry saga, which could have dire economic and defence consequences

Evening Standard

UK Government accused of double standards in plan to save British Steel

Welsh Politicians criticised the Government’s plans to save jobs in Scunthorpe, suggesting it failed to do the same for Port Talbot.

The Guardian - UK

Government scrambles to save British Steel as firm faces crisis within crisis

Union leaders have welcomed moves towards public ownership but it is not an auspicious environment for nationalisation

International Business Times

Tata Steel To Cut Jobs At Dutch Plant By 15%

Indian-owned steelmaking giant Tata Steel announced Wednesday it was slashing around 1,600 of the 9,200 jobs at its plant in the Netherlands, sparking a furious reaction from union leaders.

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