Tata Steel Ltd (TISC.BO)
16 Mar 2018
Wed, Mar 14 2018
LONDON, March 14 A new pension fund backed by Tata Steel UK, a unit of India's Tata Steel, will be set up after meeting minimum size and funding criteria, paving the way for the firm's merger with Germany's Thyssenkrupp .
AMSTERDAM The Dutch arm of Tata Steel said on Friday the United States should exempt it from new import tariffs on steel and aluminum, as it products were vital for the American economy.
MUMBAI Tata Steel Ltd said on Wednesday it had been selected as the highest bidder to buy a controlling stake in debt-laden Bhushan Steel Ltd , ending weeks of speculation on which Indian group would clinch a deal.
* Company specialises in steel for car industry (Adds background, details from analysts)
DUESSELDORF India's Tata Steel is concerned about U.S. plans to impose tariffs on steel imports, a senior executive at the group's European unit said on Wednesday.
DUESSELDORF, March 7 India's Tata Steel is concerned about U.S. plans to impose tariffs on steel imports, a senior executive at the group's European unit said on Wednesday.
* To invest in blast furnace at a cost of roughly 75 mln pounds
* Approval key step in creating Thyssenkrupp-Tata Steel JV (Recasts, adds official confirmation, Thyssenkrupp comment)
* Shares hit 4-month high on hopes for change (Adds Cevian comment, updates shares)
BOCHUM/FRANKFURT, Jan 19 Thyssenkrupp will adapt its strategy following a planned steel tie-up with India's Tata Steel, its chief executive said on Friday, responding to investor criticism that the elevators-to-submarines group is too unwieldy.