19 Facts About Tata Steel


Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra.

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In July 2019 Tata Steel Kalinganagar was included in the list of the World Economic Forum's Global Lighthouse Network.

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Tata Steel has been recognised amongst India's Best Workplaces in Manufacturing 2022 by Great Place to Work.

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Tata Steel has been inclusive towards its LGBTQ employees and provides health insurance benefits for partners of its LGBTQ employees under the new HR policy.

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Tata Steel launched a major modernisation and expansion program in 1951.

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NatSteel in 2004: Tata Steel agreed to acquire the steel making operations of the Singapore-based NatSteel for $486.

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The steel businesses of NatTata Steel would be run by the company through a wholly owned subsidiary called Natsteel Asia Pte Ltd.

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On 11 December 2006, Tata Steel pre-emptively upped its offer to 500 pence per share, which was within hours trumped by CSN's offer of 515 pence per share, valuing the deal at £4.

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On 31 January 2007, Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at £6.

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Tayo Rolls in 2008, formerly Tata Steel-Yodogawa Limited is a metal fabrication and processing company headquartered in Jamshedpur, India.

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In 2014, Tata Steel launched Jamshedpur Continuous Annealing and Processing Company Pvt Ltd, a joint venture with Nippon Steel to produce continuous annealed products intended for the automotive industry.

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Tata Steel have traditionally played a key role in development of sports in India.

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Tata Steel is headquartered in Mumbai, Maharashtra, India and has its marketing headquarters at the Tata Centre in Kolkata, West Bengal.

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Tata Steel primarily serves customers in the automotive, construction, consumer goods, engineering, packaging, lifting and excavating, energy and power, aerospace, shipbuilding, rail and defence and security sectors.

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In 2015, Tata Steel was looking to sell its facilities in Port Talbot, Hartlepool, Rotherham and Stocksbridge, which was put on hold due to Brexit.

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In September 2017, ThyssenKrupp of Germany and Tata Steel announced plans to combine their European steel-making businesses.

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In 2019 Tata Steel decided to sell some of its non-core business units in UK.

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In 2021, Tata Steel decided against divesting the South East Asian businesses citing improvement in financials, including reduction in total debt and increase in the cash flow.

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In Oct 2021, Tata Steel announced the sale of its subsidiary Natsteel Holdings Pte.

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