Rathi Steel bags GreenPro certification for Fe 550 TMT rebars JSW Steel, POSCO form JV for 6 mtpa Odisha steel plant Global steelmakers still far from green transition CISA flags EU CBAM risks for Chinese steel exports
Tata Steel has completed the acquisition of BlueScope’s stake in Tata BlueScope Steel Pvt. Ltd. (TBSPL), taking its direct and indirect holding to 99.99% and effectively ending the earlier 50:50 joint venture structure. The transaction was completed on December 31, 2025, as per Tata Steel’s stock exchange disclosure.
Under the deal, Tata Steel acquired 43,29,90,000 equity shares of face value ₹10 each in TBSPL from BlueScope Steel Asia Holdings Pty Ltd, for a consideration of ₹1,099.97 crore. The purchase was executed under the Share Purchase Agreement dated November 12, 2025.
Post-transaction, TBSPL becomes an indirect subsidiary of Tata Steel. Market-wise, the move strengthens Tata Steel’s position in value-added/downstream steel, particularly in coated products and building solutions—segments where branding, distribution and end-use linkages matter as much as primary steel capacity.
Also Read : Coimbatore TMT Steel Prices Surge 20%, Construction Costs Climb Tata Steel to Deploy Female Employees Across All Shifts at Jamshedpur Plant
InCred, an analyst organisation, predicts that domestic steel spreads in India will fall further in...
Ferrous 26-Jun-2024
According to senior company officials who spoke to a media source on condition of anonymity, Titagar...
Logistics 19-Feb-2024
✅ IIT Bombay & John Cockerill partner for green steel & hydrogen innovation.✅ Focus on low...
Business 21-Mar-2025
The Pakistan Stock Exchange (PSX) recently experienced a significant drop in its index, declining by...
Asia 09-Feb-2024
In April 2024, the private refiners Reliance Industries (RIL) and Rosneft-affiliated Nayara Energy b...
Oil & Gas 02-May-2024
In Europe and Africa, oil markets are getting tighter as lending support for futures increases. This...
Europe 23-Feb-2024