Tata Steel executives TV Narendran and Koushik Chatterjee state the company is prioritizing value-added products and downstream opportunities over mere production capacity due to changing market dynamics, high iron ore costs, and challenging export markets, phasing growth with significant capex.
Dutch prosecutors have initiated criminal proceedings against Tata Steel IJmuiden for allegedly releasing harmful substances into the environment and failing in its duty of care. The charges follow a 2022 investigation prompted by a complaint from over 800 individuals.
The EU has halved its overall duty-free steel import quota but increased volumes for 13 trading partners, including the UK. Tata Steel UK faces a 60% reduction in its duty-free exports, while the EU aims to curb cheap Chinese steel and restore European production.
Tata Steel's £1.25bn electric arc furnace project in Port Talbot may face an 6-8 month delay due to electrical connectivity problems, with National Grid's infrastructure upgrades delayed, impacting the planned 2027 operational start.
A major fire at Tata Steel's Port Talbot plant in South Wales has caused substantial damage to a vital production line. Residents were advised to stay indoors as emergency services worked through the night to control the blaze, which staff safely evacuated from.
A fire at the Tata Steel plant in Port Talbot, South Wales, has prompted authorities to advise residents to stay indoors and keep windows and doors closed due to large plumes of smoke. Emergency services are at the scene, and motorists are urged to avoid the area.
A fire at the Tata Steel plant in Port Talbot, south Wales, has caused large plumes of black smoke, prompting police to advise residents to stay indoors with windows and doors closed. Motorists are urged to avoid the area.
Four individuals, including three Tata Steel employees, have been sentenced for stealing 50 tonnes of tin worth nearly £1.2m. The tin was sold to scrap merchants, with the proceeds distributed among the conspirators.
Tata Steel CEO TV Narendran anticipates a stronger Q1 FY27 with improved prices in India, UK, and Netherlands, despite rising input costs from the West Asia crisis. India's volume growth and UK policy support are key drivers.
Motilal Oswal Wealth Management Research Desk has identified Tata Steel and Cyient DLM as top stock picks for the trading week starting April 27, 2026. Tata Steel offers 14% upside with target price of Rs 240, driven by 8-10% steel demand growth and capacity expansion. Cyient DLM presents 26% upside with target price of Rs 470, supported by a 10-quarter high order book of Rs 24.2 billion and expansion into AI infrastructure and automotive sectors.
