Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
$2.1B investment for European business support.
$565M debt to convert into equity.
Move to streamline offshore finances.
Tata Steel will inject $2.1 billion (₹17,400 crore) into its Singapore-based subsidiary, T Steel Holdings Pte Ltd, aiming to restructure its European business and repay offshore debt.
T Steel Holdings oversees Tata Steel’s overseas assets, including its UK and Netherlands operations. The move is expected to support its loss-making UK business and simplify the group's offshore financial structure.
Additionally, Tata Steel plans to convert $565 million worth of debt instruments in T Steel Holdings into equity shares. Both actions are scheduled to complete within the current fiscal year.
Also Read : JSW Steel Gains as Crude Steel Production Climbs 12% YoY in February 2025 US Tariff U-Turn Brings Relief to Indian Steel Exporters
Hindustan Zinc, a company in the Vedanta group, declared that its greenhouse gas emission intensity...
Large Corporate 06-Jun-2024
India’s Stainless Steel Industry Demands Anti-Dumping Action India’s stainless steel in...
India 11-Aug-2025
JSW Infrastructure, India's Number 2 private port operator by market capitalisation, reported a near...
Large Corporate 03-May-2024
The United States reduced its imports of rolled steel products sharply in September 2025, reflecting...
USA 12-Dec-2025
The global green steel market is projected to reach USD 1,302.58 billion by 2032, fueled by a growin...
Business 17-Feb-2025
ArcelorMittal Halts Green Steel Plans in Germany, Sparking Concern Germany has expressed regret ove...
Business 20-Jun-2025