Tata Steel Limited

TATASTEEL

INE081A01020

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 06:24:23 2024-04-26 am EDT			5-day change	1st Jan Change
165.8 ^INR	-1.04%		+2.31%	+18.89%

Apr. 26	Tata Steel to Proceed with 1.25 Billion-Pound Investment in Electric Arc Furnace in UK	MT
Apr. 15	India's steelmakers fall short of investment target due to delays linked to China	RE

India's Tata Steel to stop operations of coke ovens at Port Talbot plant

March 18, 2024 at 10:08 am EDT

BENGALURU (Reuters) - India's Tata Steel said on Monday it has decided to cease operations of coke ovens at the Port Talbot plant, in Wales, following a "deterioration of operational stability".

"Tata Steel UK will increase imports of coke to offset the impact of the coke oven closures," the steelmaker said in a statement.

(Reporting by Nishit Navin in Bengaluru; Editing by Shilpi Majumdar)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	TOPIX INDEX	2,686 PTS	+0.86%	+0.34%	-
	TATA STEEL LIMITED	165.8 INR	-1.04%	+2.31%	24.83B

Latest news about Tata Steel Limited

Tata Steel to Proceed with 1.25 Billion-Pound Investment in Electric Arc Furnace in UK	Apr. 26	MT
India's steelmakers fall short of investment target due to delays linked to China	Apr. 15	RE
Tata Steel Unit Pays Monetary Penalty for Non-compliance in India	Apr. 15	MT
Tata Steel’s UK Workers Vote for Strike Amid Job Cuts, Blast Furnace Shutdown Plans	Apr. 11	MT
CARMAX CEO SAYS AFFORDABILITY HAS TO CONTINUE TO MOVE DOWN…	Apr. 11	RE
Factbox-European companies cut jobs as economy sputters	Apr. 10	RE
Tata Steel Clocks Higher Domestic Crude Steel Output, Deliveries in Fiscal Q4	Apr. 08	MT
INDIA STOCKS-Reliance leads India's Nifty 50 to 19th record high this year	Apr. 08	RE
INDIA STOCKS-India's Sensex hits record high; Nifty near all-time high led by metals	Apr. 07	RE
India's Nifty 50 set to test record highs despite dampened US rate cut hopes	Apr. 07	RE
Tata Steel India posts record annual crude steel output in 2023/24	Apr. 06	RE
Indian Equities End Higher on Monday, Led by Gains in Metal, Realty Stocks	Apr. 01	MT
INDIA STOCKS-Indian shares hit record high on boost from China, US data	Apr. 01	RE
Dutch government offers Tata Steel subsidies to accelerate production clean up	Mar. 28	RE
Tata Steel Limited Announces Allotment of Non-Convertible Debentures on Private Placement Basis	Mar. 27	CI
Indian Equities Close with Modest Gains Ahead of US Fed's Monetary Policy Decision	Mar. 20	MT
INDIA STOCKS-Indian shares lower ahead of Fed decision; Eicher gains on UBS upgrade	Mar. 20	RE
India's steel majors to invest billions to meet buoyant local demand	Mar. 19	RE
Losses Led by IT Drag Indian Equities on Tuesday	Mar. 19	MT
Tata Steel Limited Approves Issue of Non-Convertible Debentures ('NCDs') aggregating to INR 27,000 Million	Mar. 19	CI
Tata Steel to Raise Up to INR27 Billion Via Bond Sale	Mar. 19	MT
Tata Steel's UK Arm Closes Coke Ovens at Port Talbot Plant	Mar. 18	MT
India's Tata Steel to stop operations of coke ovens at Port Talbot plant	Mar. 18	RE
Indian Equities Start Week in Black, Aided by Major Auto and Metal Firms	Mar. 18	MT
INDIA STOCKS-Indian blue-chips slip as HDFC Bank, Tata group stocks weigh	Mar. 11	RE

Tata Steel Ltd is an India-based steel company. The Company is engaged in the manufacturing and marketing of crude steel products. It operates through three segments: flat products, long products and special products. Its flat products include flat steel, plate, and sheet steel; hot and cold rolled coils; electrical steels, such as mild and high-strength steel bars, wire rods, wires and cables; and stainless steel.

Sector

Iron & Steel

Calendar

2024-04-29 - Q4 2024 Earnings Release (Projected)

Related indices

NIFTY 50 , NIFTY 100

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INTERVIEW - Narendran, Tata Steel: Disappointing recovery in China, big ambitions in India

August 28, 2023 at 07:13 am EDT

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C+

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Mean consensus

OUTPERFORM

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Last Close Price

165.8 INR

Average target price

149.7 INR

Spread / Average Target

-9.76%

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Sector Other Steel

	1st Jan change	Capi.
TATA STEEL LIMITED	+18.89%	24.83B
NUCOR CORPORATION	+0.79%	42.1B
POSCO HOLDINGS INC.	-21.02%	21.75B
STEEL DYNAMICS, INC.	+13.50%	21.17B
ARCELORMITTAL	-7.50%	20.77B
JFE HOLDINGS, INC.	+6.81%	9.44B
CLEVELAND-CLIFFS INC.	-12.44%	8.5B
UNITED STATES STEEL CORPORATION	-23.08%	8.41B
STEEL AUTHORITY OF INDIA LIMITED	+36.31%	8.35B
SEVERSTAL	-.--%	7.47B

Other Steel

Tata Steel Limited

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TATASTEEL

INE081A01020

Iron & Steel

India's Tata Steel to stop operations of coke ovens at Port Talbot plant

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Analysts' Consensus

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Sector Other Steel