Tata Steel#Controversies

{{Short description|Indian multinational steel company}}

{{About|the company|the chess tournament sponsored by their Netherlands branch|Tata Steel Chess Tournament}}

{{Peacock|date=September 2024}}

{{Use Indian English|date=September 2015}}

{{Use dmy dates|date=May 2025}}

{{Infobox company

| name = Tata Steel Limited

| logo = Tata Steel Logo.svg

| logo_size = 250px

| image =

| former_name = Tata Iron and Steel Company Limited (TISCo)

| type = Public

| traded_as = {{Unbulleted list|{{BSE|500470}}|{{NSE|TATASTEEL}}

|BSE SENSEX constituent|NSE NIFTY 50 constituent}}

| ISIN = {{ISIN|sl=n|pl=y|INE081A01020}}

| foundation = {{Start date and age|df=yes|1907|8|26}} at Jamshedpur, Bihar (now Jharkhand), India

| founders = Jamsetji Tata
Dorabji Tata

| industry = Steel
Iron

| location = Mumbai, Maharashtra, India{{cite web |url=http://www.tatasteel.com/contact/contact-information.asp |title=Contact Information |publisher=TataSteel.com |access-date=31 August 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130921233702/http://www.tatasteel.com/contact/contact-information.asp |archive-date=21 September 2013 }}
{{coord|18.9316|72.8327|type:landmark_region:IN|display=inline,title}}

| key_people = T. V. Narendran
{{small|(MD & CEO)}}

| area_served = Worldwide

| products = Steel
Long steel products
Structural steel
Wire products
Steel casing pipes
Household goods

| revenue = {{Decrease}} {{INRConvert|220083|c}} (2025)

| operating_income = {{Increase}} {{INRConvert|9268|c}} (FY2025)

| net_income = {{Increase}} {{INRConvert|3174|c}} (FY2025)

| assets = {{Increase}} {{INRConvert|279395|c}} (FY2025)

| equity = {{Decrease}} {{INRConvert|91353|c}} (FY2025)

| num_employees = {{up}} 78,321 (2024)

| parent = Tata Group

| subsid = Tata Steel UK
Tata Steel Netherlands
Tata Steel Thailand
Jamshedpur FC
Tata Robins Fraser Ltd.
Mjunction

| homepage = {{URL|http://www.tatasteel.com}}

| footnotes = Financials {{as of|2025|03|31|lc=y|df=yes}}.{{cite web|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/e0edb07f-453e-4044-b303-9c2df294a388.pdf|title=Tata Steel Ltd. Financial Statements |website=bseindia.com|accessdate=12 May 2025}}

}}

Tata Steel Limited is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, with its primary operations based in Jamshedpur, Jharkhand. It is a subsidiary of the Tata Group.

Formerly known as Tata Iron and Steel Company Limited (TISCO), Tata Steel was among the top 50 steel producers between 2022 and 2023,{{cite web |title=Top Producers |url=https://worldsteel.org/data/top-producers/ |access-date=28 December 2024 |website=worldsteel.org }} with an annual crude steel capacity of 35 million tons and one of the world's most geographically diversified steel producers, with operations and commercial presence spanning multiple regions.

The group (excluding SEA operations) recorded a consolidated turnover of US$31 billion in the financial year ending 31 March 2023.{{Cite web |last=Services |first=Hungama Digital |title=Tata Steel {{!}} Media |url=https://www.tatasteel.com/media/ |access-date=2025-05-15 |website=www.tatasteel.com |language=en}} It is the largest steel company in India (measured by domestic production), with an annual capacity of 21.6 million tons after the Steel Authority of India Ltd. (SAIL).{{cite web |title=JF Engineering Products LLP has become the Leading steel producer in the country. |url=https://www.jfeindia.com/ |access-date=3 June 2013 |website=JF Engineering Products LLP}}{{cite news|title= Tata Steel To expand domestic production to 40MT by 2030|website=The Times of India |date=28 August 2022 |url=https://timesofindia.indiatimes.com/city/ranchi/tata-steel-aims-to-double-domestic-crude-steel-prod/articleshow/93828216.cms|access-date=11 June 2023}} Tata Steel, SAIL, and Jindal Steel and Power are the only three Indian steel companies that have captive iron-ore mines.{{cite web |last=Handique |first=Maitreyee |date=18 April 2007 |title='No company will plan steel plant without the security of iron ore' |url=https://www.livemint.com/Companies/ussYbI5PajJHgd8g1BvWdL/No-company-will-plan-steel-plant-without-the-security-of-ir.html |access-date=4 May 2022 |website=mint }}

Tata Steel operates in 26 countries, with key operations in India, the Netherlands, and the United Kingdom, employing around 78,300 workers globally.{{cite web|title=Statement of profit and loss|url=https://www.tatasteel.com/investors/integrated-report-2017-18/consolidated-profit-and-loss.html|publisher=Tata Steel|access-date=16 May 2018|archive-url=https://web.archive.org/web/20190103210435/https://www.tatasteel.com/investors/integrated-report-2017-18/consolidated-profit-and-loss.html|archive-date=3 January 2019|url-status=live}} Its largest plant is located in Jamshedpur, Jharkhand. In 2007, Tata Steel acquired the UK-based steelmaker Corus.{{cite news | url=http://news.bbc.co.uk/2/hi/business/6944461.stm | work=BBC News | first=Karishma | last=Vaswani | title=Indian firms move to world stage | date=16 August 2007 | access-date=31 August 2013 | archive-url=https://web.archive.org/web/20130726032200/http://news.bbc.co.uk/2/hi/business/6944461.stm | archive-date=26 July 2013 | url-status=live }} In 2016, Tata Steel announced it would sell its UK business, including the Port Talbot steelworks, due to losses and various market factors. Tata Steel is the 486th-largest company in the world by revenue.{{cite news |url=http://fortune.com/global500/tata-steel-486/ |title=Global 500: 486 Tata Steel |date=22 July 2014 |access-date=31 August 2014 |work=Fortune |archive-url=https://web.archive.org/web/20150428065457/http://fortune.com/global500/tata-steel-486/ |archive-date=28 April 2015 |url-status=dead }} It was the seventh-most valuable Indian brand of 2013, according to Brand Finance.{{cite web|title=India's top 50 brands|url=http://brandirectory.com/league_tables/table/india-50-2013|publisher=brandirectory.com|access-date=19 August 2013|archive-url=https://web.archive.org/web/20130823202605/http://brandirectory.com/league_tables/table/india-50-2013|archive-date=23 August 2013|url-status=live}}{{cite news |url=http://www.thehindubusinessline.com/companies/tata-steel-jamshedpur-blast-furnace-completes-100-years/article2681395.ece |title=Tata Steel Jamshedpur blast furnace completes 100 years |newspaper=The Hindu |date=2 December 2011 |access-date=31 August 2013}}{{cite web |url=http://www.tatasteelindia.com/sustainability/2012/managing-directors-statement.asp |title=Sustainability Report 2012 |publisher=Tata Steel India |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130914122722/http://tatasteelindia.com/sustainability/2012/managing-directors-statement.asp |archive-date=14 September 2013 |url-status=live }}

History

File:Tata Steel at Night.jpg plant at night]]

Tata Iron and Steel Company (TISCO) was founded by Jamsetji Nusserwanji Tata and established by Sir Dorabji Tata on 26 August 1907. TISCO started pig iron production in 1911 and began producing steel in 1912 as a branch of Jamsetji's Tata Group.{{cite web |url=http://www.tatasteel100.com/story-of-steel/index.asp |title=Indian Steel Industry History, First Steel Plant in India |publisher=tatasteel100.com |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130926162727/http://www.tatasteel100.com/story-of-steel/index.asp |archive-date=26 September 2013 |url-status=live }}{{cite web |url=http://www.fundinguniverse.com/company-histories/tata-iron-steel-co-ltd-history/ |title=History of Tata Iron & Steel Co. Ltd. |publisher=FundingUniverse.com |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20131015094947/http://www.fundinguniverse.com/company-histories/tata-iron-steel-co-ltd-history/ |archive-date=15 October 2013 |url-status=live }}{{cite web |url=http://www.steelonthenet.com/kb/history-tata.html |title=History of Tata Steel |publisher=steelonthenet.com |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130904042143/http://www.steelonthenet.com/kb/history-tata.html |archive-date=4 September 2013 |url-status=live }} During the First World War (1914–1918), the company weathered by supplying its steel to the war effort in India. {{Cite web |title=Tata Family Enterprises {{!}} Encyclopedia.com |url=https://www.encyclopedia.com/history/news-wires-white-papers-and-books/tata-family-enterprises |access-date=2025-05-09 |website=www.encyclopedia.com}}

In 1920, TISCO incorporated The Tinplate Company of India Ltd (TCIL), as a joint venture with then Burmah Shell to manufacture tinplate. TCIL was renamed Tata Tinplate and holds 70% market share in India.{{citation needed|date=January 2025}}

By 1939, it operated the largest steel plant in the British Empire.{{cite web |title=Independence Day: How the Tatas struck back at the British empire |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/independence-day-how-the-tatas-struck-back-at-the-british-empire/articleshow/102740197.cms?utm_source=chatgpt.com |website=The Economic Times| date=15 August 2023 }} The company launched a major modernization and expansion program in 1951. Later, in 1958, the program was upgraded to 2 million metric tons per annum (MTPA) project. By 1970, the company had around 40,000 employees at Jamshedpur, and a further 20,000 in the neighboring coal mines.

In 1990, the company expanded and established a subsidiary, Tata Inc., in New York. The company changed its name from TISCO to Tata Steel Ltd. in 2005.{{cite news |date=19 May 2005 |title=TISCO to change its name to Tata Steel Ltd |url=http://www.financialexpress.com/old/latest_full_story.php?content_id=91360 |url-status=dead |archive-url=https://web.archive.org/web/20131014191033/http://www.financialexpress.com/old/latest_full_story.php?content_id=91360 |archive-date=14 October 2013 |access-date=31 August 2013 |newspaper=Financial Express}}

In November 2021, Tata Steel was the most profitable company in the Tata Group.{{cite news |last=BS Reporters |first= |date=12 November 2021 |title=Q2 results: Tata Steel beats Tata Consultancy Services in net profit |work=Business Standard India |url=https://www.business-standard.com/article/companies/q2-results-tata-steel-beats-tata-consultancy-services-in-net-profit-121111200016_1.html |access-date=2 May 2022}} In July 2019, the Tata Steel Kalinganagar (TSK) plant was recognized by the World Economic Forum (WEF) and added to the WEF's Global Lighthouse Network, a list of innovative corporations.{{cite web |date=24 January 2020 |title=Tata Steel Kalinganagar honoured at World Economic Forum 2020 |url=https://www.thehindubusinessline.com/companies/tata-steel-kalinganagar-honoured-at-world-economic-forum-2020/article30644252.ece |access-date=19 July 2023 |website=www.thehindubusinessline.com }}

= Nationalization attempts =

There have been two unsuccessful attempts to nationalize Tata Steel, one in 1971 and another in 1979. In 1971, Prime Minister of India Indira Gandhi tried to nationalize the company but failed. In 1979, Prime Minister Morarji Desai wanted to nationalize the company, spurred by Minister for Industries George Fernandes, and Minister of Steel, Mines and Coals Biju Patnaik. However, union protests prevented such nationalization efforts.{{cite news|last=Reporter|first=B. S.|date=27 June 2007|title=Known and unknown|work=Business Standard India|url=https://www.business-standard.com/article/companies/known-and-unknown-107062701073_1.html|access-date=31 July 2021}}{{cite web|date=26 July 2021|title=Backstory: The near-nationalisation of Tata Steel|url=https://www.cnbctv18.com/business/companies/backstory-the-near-nationalisation-of-tata-steel-10111311.htm|access-date=31 July 2021|website=www.cnbctv18.com}}

= Labor welfare =

Tata Steel was among the first Indian companies to provide various labor welfare benefits, such as an eight-hour workday (since 1912), free medical care (since 1915), school facilities for employees' children (since 1917), paid time off (since 1920), the formation of a provident fund and accident compensation (both in 1920), vocational training (since 1921), maternity benefits (since 1928), profit-sharing bonuses (since 1934), and a retirement gratuity (since 1937).{{cite journal |last=Kling |first=Blair B. |date=1998 |title=Paternalism in Indian Labor: The Tata Iron and Steel Company of Jamshedpur |url=https://www.jstor.org/stable/27672457 |journal=International Labor and Working-Class History |volume=53 |issue=53 |pages=69–87 |doi=10.1017/S0147547900013673 |jstor=27672457 |s2cid=144626670 |issn=0147-5479 |url-access=subscription }}{{cite web |author=News Desk |date=30 April 2023 |title=Tata Steel ahead of its time in catering to employees' welfare and well-being |url=https://avenuemail.in/tata-steel-ahead-of-its-time-in-catering-to-employees-welfare-and-well-being/ |access-date=20 April 2025 |website=The Avenue Mail }}

Tata Steel was listed among India's "Best Workplaces in Manufacturing" by Great Place to Work for the fifth time in 2022.{{cite web |author=News Desk |date=16 February 2022 |title=Tata Steel Jamshedpur adjudged 'Great Place to Work' for fifth time |url=https://avenuemail.in/tata-steel-jamshedpur-adjudged-great-place-to-work-for-fifth-time/ |access-date=12 February 2025 |website=The Avenue Mail }}

Facilities

Expansions

= Acquisitions =

NatSteel in 2004: Tata Steel agreed to acquire the steel-making operations of the Singapore-based NatSteel for $486.4 million in cash.{{cite news |url=http://www.thehindubusinessline.in/2004/08/17/stories/2004081702990100.htm |title=Tatas make Rs 1,313-cr bid for Singapore's NatSteel |access-date=31 August 2013 |newspaper=The Hindu |date=17 August 2004 |archive-url=https://web.archive.org/web/20130606170905/http://www.thehindubusinessline.in/2004/08/17/stories/2004081702990100.htm |archive-date=6 June 2013 |url-status=live }} NatSteel had ended 2003 with a turnover of $1.4 billion and a profit before tax of $47 million. The steel businesses of NatSteel would be run by the company through a wholly owned subsidiary called Natsteel Asia Pvt. Ltd. The acquisition was completed in February 2005.{{cite news|url=http://www.thehindubusinessline.in/2005/02/17/stories/2005021702660300.htm|title=Tata Steel completes NatSteel acquisition|access-date=31 August 2013|work=The Hindu|date=16 February 2005|url-status=dead|archive-url=https://web.archive.org/web/20130606180242/http://www.thehindubusinessline.in/2005/02/17/stories/2005021702660300.htm|archive-date=6 June 2013}}{{cite news |url=http://www.business-standard.com/article/companies/tata-steel-sews-up-natsteel-buyout-105021701067_1.html |title=Tata Steel sews up NatSteel buyout |newspaper=Business Standard |date=17 February 2005 |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20140517164036/http://www.business-standard.com/article/companies/tata-steel-sews-up-natsteel-buyout-105021701067_1.html |archive-date=17 May 2014 |url-status=live }} At the time of acquisition, NatSteel had a capacity of about 2 million tons per annum of finished steel.{{cite web |url=http://www.tata.com/article.aspx?artid=xKXzTTzhgP8= |title=Tata Steel to acquire Millennium Steel, Thailand |publisher=Tata Group |date=15 December 2005 |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130921192804/http://www.tata.com/article.aspx?artid=xKXzTTzhgP8= |archive-date=21 September 2013 |url-status=dead }}

Millennium Steel in 2005: Tata Steel acquired a majority stake in the Thailand-based steelmaker Millennium Steel for a total cost of $130 million. It paid US$73 million to Siam Cement for a 40% stake and offered to pay 1.13 baht per share for another 25% of the shares of other shareholders.{{cite news|date=15 December 2012|title=Tata to Buy Thailand's Millennium Steel for $175 Mln|publisher=Bloomberg|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_QgJUPNP9.Y&refer=asia|url-status=live|access-date=22 December 2012|archive-url=https://web.archive.org/web/20140729223400/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_QgJUPNP9.Y&refer=asia|archive-date=29 July 2014}}{{cite news|date=15 December 2012|title=Tata Steel to buy Thai co for $130 m|work=The Hindu|url=http://www.thehindubusinessline.com/todays-paper/tata-steel-to-buy-thai-co-for-130-m/article2198637.ece|access-date=22 December 2012}} Millennium Steel has now been renamed Tata Steel Thailand and is headquartered in Bangkok.{{cite web|title=Our businesses : Tata companies : Tata Steel Thailand|url=http://www.tata.in/company/profile.aspx?sectid=bijlJLDdD/o=|url-status=dead|archive-url=https://web.archive.org/web/20130920171449/http://www.tata.in/company/profile.aspx?sectid=bijlJLDdD%2Fo%3D|archive-date=20 September 2013|access-date=27 August 2013|publisher=Tata Group}} On 31 March 2013, it held approximately 68% shares in the acquired company.

{{See also|Tata Corus acquisition}}

Corus in 2006: Tata Steel signed a deal with Anglo-Dutch company, Corus to buy 100% stake at £4.3 billion ($8.1 billion) at 455 pence per share.{{cite news |url=http://news.bbc.co.uk/2/hi/business/6068244.stm |title=Corus accepts £4.3bn Tata offer |newspaper=BBS News |date=20 October 2006 |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20131214083630/http://news.bbc.co.uk/2/hi/business/6068244.stm |archive-date=14 December 2013 |url-status=live }} On 19 November 2006, the Brazilian steel company Companhia Siderúrgica Nacional (CSN) launched a counteroffer for Corus at 475 pence per share, valuing it at £4.5 billion ($6.04 billion). On 11 December 2006, Tata pre-emptively raised its offer to 500 pence per share, which was, within hours, superseded by CSN's offer of 515 pence per share, valuing the deal at £4.9 billion ($6.57 billion). The Corus board promptly recommended both the revised offers to its shareholders. On 31 January 2007, Tata Steel won its bid for Corus after offering 608 pence per share, valuing Corus at £6.7 billion ($12 billion).{{cite news |date=8 March 2007 |title=Shareholders of Corus approve Tata Steel offer |url=https://timesofindia.indiatimes.com/business/india-business/shareholders-of-corus-approve-tata-steel-offer/articleshow/1733673.cms |access-date=1 January 2025 |work=The Times of India |issn=0971-8257}}
In 2005, Corus employed around 47,300 people worldwide, including 24,000 in the UK. At the time of the acquisition, Corus was four times larger than Tata Steel in terms of annual steel production. Corus was the world's 9th largest producer of steel, whereas Tata Steel was in the 56th position. The acquisition made Tata Steel the world's 5th largest producer of Steel.

Tayo Rolls in 2008, formerly Tata-Yodogawa Limited is a metal fabrication and processing company headquartered in Jamshedpur, India. It was founded in 1968 as a joint venture between Tata Steel and the Japan-based Yodogawa Steels. In 2008, Tayo Rolls became a Tata Steel Subsidiary. Tata Steel currently owns 55.24% of the Tayo Rolls.{{cite web|title=Tayo Rolls Ltd Shareholding Pattern, Tayo Rolls Ltd. Share Holder – The Financial Express|url=https://www.financialexpress.com/market/stock-market/tayo-rolls-ltd-stock-price/share-holdings/|access-date=3 August 2021|website=www.financialexpress.com}}{{cite news|last1=Ramsurya|first1=M. V.|first2=Vijay |last2=Gurav |title=Tatas bail out Tayo Rolls' rights issue, too|work=The Economic Times|url=https://economictimes.indiatimes.com/tatas-bail-out-tayo-rolls-rights-issue-too/articleshow/3825513.cms|access-date=29 July 2021}}

Steel Engineering and Vinausteel in 2007: Tata Steel through its wholly owned Singapore subsidiary, NatSteel Asia Pte Ltd, acquired a controlling stake in both rolling mill companies located in Vietnam: Structure Steel Engineering Pte Ltd (100% stake) and Vinausteel Ltd (70% stake). The enterprise value for the acquisition was $41 million. By this acquisition, Tata Steel obtained two rolling mills, a 250,000 tons per year bar/wire rod mill operated by SSE Steel Ltd. and a 180,000 tons per year reinforcing bar mill operated by Vinausteel Ltd.{{cite news |url=http://articles.economictimes.indiatimes.com/2007-03-08/news/28419124_1_vietnam-steel-corporation-steel-products-bar-mill |title=Tata Steel arm buys plants in Vietnam |newspaper=Economic Times |date=8 March 2007 |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20140812184935/http://articles.economictimes.indiatimes.com/2007-03-08/news/28419124_1_vietnam-steel-corporation-steel-products-bar-mill |archive-date=12 August 2014 |url-status=dead }}{{cite web |url=http://www.tata.com/company/releases/inside.aspx?artid=qYnIs4oDE+o= |title=Tata Steel acquires two steel rolling mills in Vietnam |publisher=Tata Group |date=8 March 2007 |access-date=31 August 2013 |url-status=dead |archive-url=https://web.archive.org/web/20111122195910/http://tata.com/company/releases/inside.aspx?artid=qYnIs4oDE+o= |archive-date=22 November 2011 }}

Bhushan Steel in 2018: Tata Steel acquired the company in 2017–18 when insolvency proceedings were initiated against the former company on 26 July 2017 under IBC. Tata Steel emerged as the highest bidder and took over the company through its wholly-owned subsidiary Bamnipal Steel Ltd. The company was renamed as Tata Steel BSL. Later in 2021 Tata Steel amalgamated Bamnipal Steel Ltd. and Tata Steel BSL thereby the latter became a direct subsidiary of Tata Steel (72.65%).{{cite web|title=Tata Sons increases stake in Tata Steel to 33%|url=https://www.thehindubusinessline.com/news/tata-sons-increases-stake-in-tata-steel-to-33/article34178082.ece|access-date=3 August 2021|website=@businessline|date=27 March 2021 }}{{cite web|title=Tata Steel BSL Ltd Shareholding Pattern, Tata Steel BSL Ltd. Share Holder – The Financial Express|url=https://www.financialexpress.com/market/stock-market/tata-steel-bsl-ltd-stock-price/share-holdings/|access-date=3 August 2021|website=www.financialexpress.com}}{{cite news |title=First under insolvency code: Bhushan Steel bought by Tata Steel |url=http://indianexpress.com/article/business/first-under-insolvency-code-bhushan-steel-bought-by-tata-steel-5182619/ |work=Indian Express |date=21 May 2018 |access-date=13 October 2019 |archive-url=https://web.archive.org/web/20191013045419/https://indianexpress.com/article/business/first-under-insolvency-code-bhushan-steel-bought-by-tata-steel-5182619/ |archive-date=13 October 2019 |url-status=live }}

Usha Martin (Steel division) in 2019: Tata Sponge Iron Limited, a subsidiary of Tata Steel Limited, acquired the steel business of Usha Martin Limited (UML) in 2019 for {{INRConvert|4094|c}}. The acquisition involved UML's 1.0 MnTPA specialty steel plant in Jamshedpur that makes alloy-based long products, a functional iron ore mine, a coal mine under development, and captive power plants.{{cite news |date=9 April 2019 |title=Tata arm completes acquisition of Usha Martin's steel business |work=The Hindu |url=https://www.thehindu.com/business/tata-arm-completes-acquisition-of-usha-martins-steel-business/article26785538.ece |access-date=8 June 2023 |issn=0971-751X}}{{cite news |date=9 April 2019 |title=Tata Steel arm finally buys Usha Martin unit |work=The Times of India |url=https://timesofindia.indiatimes.com/business/india-business/tata-steel-arm-finally-buys-usha-martin-unit/articleshow/68786519.cms |access-date=8 June 2023 |issn=0971-8257}}

Nilachala Ispat Nigam Ltd. in 2022: Tata Steel, through its wholly owned subsidiary Tata Steel Long Products (TSLP), acquired a controlling stake in NINL. It outbid Jindal Steel and JSW Steel to acquire Odisha-based Neelachal Ispat Nigam Ltd. (NINL) for {{INRConvert|12100|c}}.{{cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/govt-approves-ninl-sale-to-tata-steel-long-products-for-rs-12100-cr/articleshow/89244524.cms|title=Govt approves NINL sale to Tata Steel Long Products for Rs 12,100 cr|date=31 January 2022|work=Economic Times|access-date=31 January 2022}}

On 25 February 2025, Tata Steel Ltd. acquired a stake in its Singapore-based unit, T Steel Holdings Pte. Ltd., in a transaction of ₹10,727 crore. The Tata Group's steelmaker acquired 788.5 crore shares, each valuing $0.157, aggregating to $1,238 million or Rs 10,726.85 crore. After this acquisition, T Steel Holdings will continue to be a wholly owned subsidiary of Tata Steel Limited.{{Cite web |title=London Stock Exchange {{!}} London Stock Exchange |url=https://www.londonstockexchange.com/news-article/TTST/acquisition-of-equity-stake-in-t-steel-holdings/16914671 |access-date=2025-05-21 |website=www.londonstockexchange.com |language=en}}{{Cite web |last=Sur |first=Shreya |date=2025-02-25 |title=Tata Steel Acquires Shares Worth Rs 10,727 Crore In T Steel Holdings |url=https://www.ndtvprofit.com/markets/tata-steel-acquires-shares-worth-rs-10727-crore-in-t-steel-holdings |access-date=2025-05-21 |website=NDTV Profit |language=en}}

= Joint ventures =

In 2006, Tata Steel and Australia's BlueScope Steel launched Tata BlueScope Steel Ltd., a joint venture for the manufacturing of pre-engineered steel products.{{cite news|title=Tata BlueScope Steel starts production|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tata-bluescope-steel-starts-production/articleshow/1874140.cms|access-date=7 August 2021}}

In 2014, Tata Steel launched Jamshedpur Continuous Annealing and Processing Company Pvt Ltd. (JCAPCPL), a joint venture with Nippon Steel to produce continuous annealed products intended for the automotive industry. The plant had a capacity of 600,000 tons and was set up with an investment of {{INRConvert|2750|c}}. Tata Steel held 51% of the joint venture.{{cite news|last=Mazumdar|first=Rakhi|title=Tata Steel-Nippon Steel & Sumitomo joint venture inaugurates new Rs 2,750 crore auto steel line at Jamshedpur|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tata-steel-nippon-steel-sumitomo-joint-venture-inaugurates-new-rs-2750-crore-auto-steel-line-at-jamshedpur/articleshow/41441727.cms|access-date=7 August 2021}}

=Amalgamation=

In 2022, Tata Group moved the amalgamation of seven metal companies of the group into Tata Steel. The seven metal companies of Tata Group that merged into Tata Steel are Tata Steel Long Products Limited (TSLP), The Tinplate Company of India Limited (TCIL), Tata Metaliks Limited (TML), TRF Limited, The Indian Steel & Wire Products Limited (ISWPL), Tata Steel Mining Limited (TSML) and S & T Mining Company Limited.{{cite web |date=22 September 2022 |title=Intimation of the schemes of amalgamation involving Tata Steel Limited, the identified transferor companies, and their respective shareholders |url=https://www.tatasteel.com/media/16565/nsebse.pdf }}{{cite web |last= |first= |date=23 September 2022 |title=Tata Steel to merge 7 subsidiaries with itself |url=https://www.thehindubusinessline.com/companies/tata-steel-to-merge-six-subsidiaries-with-itself/article65925504.ece |access-date=15 October 2022 |website=www.thehindubusinessline.com}}

Sports

Tata Steel is heavily involved in the development of sports in India. They have been involved in the inception of the Tata Football Academy, TSAF Climbing Academy, Tata Archery Academy, Naval Tata Hockey Academy – Jamshedpur and Odisha Naval Tata Hockey High-Performance Centre.{{cite web |url=https://www.tatasteel.com/corporate/our-organisation/sports/ |title=Sports is a way of life – Nurturing sportspersons for the world stage |publisher=Tata Steel |access-date=2 September 2022}}

Operations

Tata Steel is headquartered in Mumbai, Maharashtra, India, and has its marketing headquarters at the Tata Centre in Kolkata, West Bengal. It has a presence in around 50 countries with manufacturing operations in 26 countries including India, Malaysia, Vietnam, Thailand, UAE, Ivory Coast, Mozambique, South Africa, Australia, United Kingdom, The Netherlands, France and Canada.{{cite web |url=http://www.tatasteel.com/global-network/international-operations.asp?Continent=Australia&ContId=cont1#australia |title=Tata Steel Projects and Operations |publisher=Tata Steel |access-date=31 August 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130816023612/http://www.tatasteel.com/global-network/international-operations.asp?Continent=Australia&ContId=cont1#australia |archive-date=16 August 2013 }}

= Issues in Europe =

Since Tata Steel's acquisition of Corus in 2007, Tata Steel's Europe unit faced issues from oversupply in the market, labor unions, inexpensive imports from Chinese steel makers, and pressure from regulators for decarbonization (green taxes) which forced Tata Steel to consolidate its businesses in Europe.{{cite news|last3=Käckenhoff|first1=Anastasia |last1=Lyrchikova |first2=Christoph |last2=Steitz |first3=Tom|date=12 June 2020|title=Severstal says 'no' to Europe as Thyssenkrupp's options narrow|work=Reuters|url=https://www.reuters.com/article/us-thyssenkrupp-restructuring-steel-seve-idUSKBN23J1VD|access-date=7 August 2021}}{{cite news|title=Tata Steel India business has delivered 20% margin even in worst time: TV Narendran|work=The Economic Times|url=https://economictimes.indiatimes.com/markets/expert-view/tata-steel-india-business-has-delivered-20-margin-even-in-worst-time-tv-narendran/articleshow/80788439.cms|access-date=7 August 2021}}

In 2015, Tata Steel was looking to sell its facilities in Port Talbot, Hartlepool, Rotherham, and Stocksbridge, which was put on hold due to Brexit. In April 2016, Tata Steel's Long Products Europe Division located in Scunthorpe, England was sold to Greybull Capital LLP.{{cite news|last1=Young|first1=Sarah|first2=Guy |last2=Faulconbridge |date=11 April 2016|title=Britain finds a buyer for one Tata steel plant, saving a third of jobs at risk|work=Reuters|url=https://www.reuters.com/article/us-tata-steel-britain-idINKCN0X814J|access-date=7 August 2021}} The unit was renamed as British Steel Limited.{{cite news|last1=Mazumdar|first1=Rakhi|last2=Sengupta|first2=Devina|title=Brexit blow: Tata steel may put off UK assets sale|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/brexit-blow-tata-steel-may-put-off-uk-assets-sale/articleshow/53107307.cms|access-date=7 August 2021}}{{cite news|date=31 May 2016|title=BRIEF-Tata steel UK completes sale of Long Products Europe business to Greybull Capital|work=Reuters|url=https://www.reuters.com/article/idINFWN18S0T5|access-date=7 August 2021}}

In February 2017, the company decided to sell its specialty division to Liberty House Group.{{cite news|last2=Tripathy|first1=Maytaal |last1=Angel |first2=Devidutta|date=9 February 2017|title=Tata Steel UK agrees to sell speciality steel business to Liberty House|work=Reuters|url=https://www.reuters.com/article/uk-tata-steel-sale-britain-idUKKBN15O1L6|access-date=7 August 2021}}

In September 2017, ThyssenKrupp of Germany and Tata Steel announced plans to combine their European steel-making businesses. The deal will restructure the European assets as Thyssenkrupp Tata Steel as an equal joint venture. The announcement estimated that the company would become Europe's second-largest steelmaker as a result of the merger, and planned for its future headquarters in Amsterdam.{{cite news|last2=Mukherjee|first1=Christoph |last1=Steitz |first2=Promit|date=20 September 2017|title=Thyssenkrupp, Tata Steel agree to forge Europe's No. 2 steelmaker|work=Reuters|url=https://www.reuters.com/article/uk-thyssenkrupp-tata-steel-idUKKCN1BV0E6|access-date=7 August 2021}}{{cite news|last1=Turner|first1=Zeke|last2=Patterson|first2=Scott|date=20 September 2017|title=Thyssenkrupp, Tata Seal Long-Awaited European Steel Deal|work=The Wall Street Journal|location=New York City, New York, United States|url=https://www.wsj.com/articles/thyssenkrupp-tata-clinch-european-steel-deal-1505891598|url-status=live|access-date=21 September 2017|archive-url=https://web.archive.org/web/20170920194348/https://www.wsj.com/articles/thyssenkrupp-tata-clinch-european-steel-deal-1505891598|archive-date=20 September 2017}} However, in 2019, antitrust regulators of EU refused to accept deals citing reduction in competition.{{cite news|last=Chee|first=Foo Yun|date=11 June 2019|title=EU regulators block Thyssenkrupp, Tata Steel joint venture|work=Reuters|url=https://www.reuters.com/article/us-thyssenkrupp-m-a-tata-steel-eu-idUSKCN1TC18E|access-date=7 August 2021}} In 2019 Tata Steel decided to sell some of its non-core business units in UK.{{cite news|date=2 September 2019|title=India's Tata Steel to shut some operations in UK, 400 jobs at stake|work=Reuters|url=https://www.reuters.com/article/us-tata-steel-layoffs-idUSKCN1VN1AA|access-date=7 August 2021}}

In June 2020, the company requested £500 million in UK government support. Later in July media houses reported that the company proposed to transfer 50% of its stake in Port Talbot Steelworks to the UK Government in return for capital injections amounting to £900 million.{{cite web|title=Tata Steel proposes £900 million bailout from the UK government: Report|url=https://www.thehindubusinessline.com/companies/tata-steel-proposes-900-million-bailout-from-the-uk-government-report/article32196100.ece|website=www.thehindubusinessline.com/|date=26 July 2020 }}{{cite news|last1=Jolly|first1=Jasper|last2=Partridge|first2=Joanna|date=24 June 2020|title=Tata Steel awaiting UK government decision on rescue deal to save 8,000 jobs|work=The Guardian|url=https://www.theguardian.com/business/2020/jun/24/uk-government-and-tata-steel-close-to-rescue-deal-saving-8000-jobs|access-date=19 December 2020}}

On 11 September 2024, Tata Steel UK announced that 2,500 jobs would be lost at the Port Talbot steelworks despite a £500 million taxpayer-backed deal from the UK Government.{{cite news |last=Simpson |first=Jack |date=11 September 2024 |title=Blow for British steel industry as 2,500 jobs go at Port Talbot |url=https://www.theguardian.com/business/2024/sep/11/blow-for-british-steel-industry-as-2500-jobs-go-at-port-talbot |access-date=11 September 2024 |work=The Guardian |issn=0261-3077}}

In November 2020, SSAB of Sweden announced its intention to buy Tata Steel's unit in IJmuiden, Netherlands. However, in 2021, SSAB backed out citing technical and cost issues involved with the deal.{{cite news|last3=Roy|first1=Johannes |last1=Hellstrom |first2=Bart H. |last2=Meijer |first3=Abhirup|date=13 November 2020|title=SSAB eyes Tata Steel's Dutch assets as European consolidation picks up|work=Reuters|url=https://www.reuters.com/article/us-tata-steel-m-a-ssab-idUSKBN27T23W|access-date=7 August 2021}}{{cite news|last2=Steitz|first1=Johannes |last1=Hellstrom |first2=Christoph|date=29 January 2021|title=Sweden's SSAB abandons plan to buy Tata Steel's Dutch plant|work=Reuters|url=https://www.reuters.com/article/tata-steel-netherlands-ssab-idINKBN29Y1AY|access-date=7 August 2021}}

In October 2021, Tata Steel Europe officially split its businesses into two independent entities, Tata Steel Netherlands, and Tata Steel UK.{{cite web|title=Tata Steel splits UK and Netherlands businesses {{!}} Metal Bulletin.com|url=https://www.metalbulletin.com/Article/4010066/in-depth/Tata-Steel-splits-UK-and-Netherlands-businesses.html|access-date=3 October 2021|website=www.metalbulletin.com}}

{{Wikinews|Indian steel giant stops business with Russia}}

In April 2022, Tata Steel announced that they had to find alternative sources of coal for their steel production plants in the UK and Netherlands after European nations stopped doing business with Russia because of its invasion of Ukraine.{{cite web |agency=Reuters|date=20 April 2022 |title=Russian Ukraine War: India's Tata Steel to stop doing business with Russia {{!}} – Times of India |url=https://timesofindia.indiatimes.com/business/india-business/indias-tata-steel-to-stop-doing-business-with-russia-ukraine-war/articleshow/90962958.cms |access-date=21 April 2022 |website=The Times of India }}

= Issues in Southeast Asia =

In January 2019, citing debt issues and consistent losses, Tata Steel decided to sell a 70 percent stake in its S.E. Asia business (NatSteel and Tata Steel Thailand) to China's state-owned HBIS Group for $327 million, but eventually the deal fell through, with both companies citing regulatory issues.{{cite web|last2=Thomas|first1=Suresh P. |last1=Iyengar|first2=Thomas K.|title=Tata Steel finds a new buyer for Thailand unit|url=https://www.thehindubusinessline.com/companies/tata-steel-finds-a-new-buyer-for-thailand-unit/article29554880.ece|access-date=30 July 2021|website=@businessline|date=30 September 2019 }}{{cite web|title=Tata Group's Debt Threat|url=https://www.businesstoday.in/magazine/corporate/story/tata-groups-debt-threat-tata-power-tata-steel-tata-motors-tcs-250371-2020-02-18|access-date=30 July 2021|website=Business Today|date=18 February 2020 |archive-url=https://web.archive.org/web/20220702025511/https://www.businesstoday.in/magazine/corporate/story/tata-groups-debt-threat-tata-power-tata-steel-tata-motors-tcs-250371-2020-02-18 |archive-date=2 July 2022}}

Later in 2019, Tata Group signed a memorandum of understanding with the Private Equity firm, Synergy Metals and Mining Fund for divestment of 70% shareholding in Tata Steel (Thailand) Public Company Ltd. (excluding NatSteel).{{cite web|title=Tata Steel Finds A New Buyer For Thailand Unit|url=https://www.bloombergquint.com/business/tata-steel-finds-a-new-buyer-for-south-east-asia-business|access-date=30 July 2021|website=BloombergQuint|date=7 August 2019 }}

In 2021, Tata Steel decided against divesting the Southeast Asian businesses citing improvement in financials, including reduction in total debt and increase in the cash flow. This was confirmed through its regulatory filing where Tata Steel reclassified its S.E. Asians assets from 'held for sale' to 'continuing operations'.{{cite web|first=Reeba |last=Zachariah|date=6 May 2021|title=Tata Steel calls off the sale of SE Asian biz – Times of India|url=https://timesofindia.indiatimes.com/business/india-business/tata-steel-calls-off-sale-of-se-asian-biz/articleshow/82417411.cms|access-date=30 July 2021|website=The Times of India}}

In October 2021, Tata Steel announced the sale of its subsidiary Natsteel Holdings Pte. Ltd to TopTip Holding Pte, a Singapore-based steel and iron ore trading company. The deal was valued at $172 million (₹1,275 crore) and included two Singapore facilities and one Malaysian facility excluding the wire business in Thailand.{{cite web|title=Tata Steel sells NatSteel Holdings to TopTip Holding for ₹1,275 crore|url=https://www.thehindubusinessline.com/companies/tata-steel-sells-natsteel-holdings-to-toptip-holding-for-1275-crore/article36761763.ece|access-date=3 October 2021|website=@businessline|date=30 September 2021 }}

Shareholders

As of 29 September 2023, Tata Group held 33.90% shares in Tata Steel. 9.44% of its shares are held by private shareholders. Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 10.89% shareholding.{{cite web |url=http://www.tatasteel.com/investors/shareholding-information/shareholding-30-jun-14.asp |title=Shareholding Pattern as on 30th June 2014 |publisher=Tata Steel |access-date=3 September 2014 |url-status=dead |archive-url=https://web.archive.org/web/20150924113432/http://www.tatasteel.com/investors/shareholding-information/shareholding-30-jun-14.asp |archive-date=24 September 2015 }}

class="wikitable"
ShareholdersShareholding
Promoters: Tata Group companies33.90%
Insurance Companies10.89%
Individual shareholders9.44%
Foreign Institutional Investors20.31%
GDRs5.06%
Others20.39%
Total99.99%

The equity shares of Tata Steel{{cite news |title=Trending stocks: Tata Steel shares down over 1% |url=https://economictimes.indiatimes.com/markets/stocks/news/trending-stocksnbsptata-steel-shares-down-overnbsp-1/articleshow/76314410.cms |work=The Economic Times |date=11 June 2020}} are listed on the Bombay Stock Exchange,{{cite web |url=http://www.bseindia.com/stock-share-price/tata-steel-ltd/tata-steel/500470/ |title=Tata Steel Ltd. |publisher=BSEindia.com |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130901173525/http://www.bseindia.com/stock-share-price/tata-steel-ltd/tata-steel/500470/ |archive-date=1 September 2013 |url-status=live }} where it is a constituent of the BSE SENSEX index,{{cite web |url=http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |title=Scripwise Weightages in S&P BSE SENSEX |publisher=BSE India |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20151201094728/http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |archive-date=1 December 2015 |url-status=dead }} and the National Stock Exchange of India,{{cite web |url=https://www.nseindia.com/get-quotes/equity?symbol=TATASTEEL |title=Tata Steel Ltd. |publisher=NSE India |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20131021072500/http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=TATASTEEL |archive-date=21 October 2013 |url-status=live }} where it is a constituent of the S&P CNX Nifty,{{cite web |url=http://www.nseindia.com/content/indices/ind_niftylist.csv |title=Download List of CNX Nifty stocks (.csv) |publisher=NSE India |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20131013143407/http://www.nseindia.com/content/indices/ind_niftylist.csv |archive-date=13 October 2013 |url-status=live }} the Global Depository Receipts (GDRs) are listed on the London Stock Exchange{{cite web |url=http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=US87656Y4061USUSDIOBE |title=TTST Tata Steel Limited GDR (each representing 1 ordinary share) |publisher=London Stock Exchange |date=27 July 2009 |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130809150335/http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=US87656Y4061USUSDIOBE |archive-date=9 August 2013 |url-status=live }} and the Luxembourg Stock Exchange.{{cite news |url=https://timesofindia.indiatimes.com/business/india-business/Tata-Steel-set-to-raise-600m-through-GDRs/articleshow/4800728.cms |archive-url=https://archive.today/20130831111743/http://articles.timesofindia.indiatimes.com/2009-07-21/india-business/28154853_1_gdr-route-tata-steel-uk-global-depository-receipts |url-status=live |archive-date=31 August 2013 |title=Tata Steel set to raise $600m through GDRs |date=21 July 2009 |newspaper=The Times of India |access-date=31 August 2013}}{{cite web |url=http://www.tatasteel.com/investors/shareholding-information/stock-exchange-information.asp |title=Stock Exchange Information |publisher=Tata Steel |access-date=31 August 2013 |archive-url=https://web.archive.org/web/20130921110329/http://www.tatasteel.com/investors/shareholding-information/stock-exchange-information.asp |archive-date=21 September 2013 |url-status=live }}

Subsidiaries

= Mjunction =

Mjunction, a Tata Steel and SAIL joint venture, India's Largest B2B E-Commerce company. Founded in February 2001, it is today not only India's largest eCommerce company (having eTransacted worth over Rs. 900 billion till date) but also runs the world's largest eMarketplace for steel.{{cite news |last=Mishra |first=Lalatendu |date=31 December 2024 |title=mjunction to foray into Europe, strength U.S. operations, eyes transactions of $100 billion by 2028 |url=https://www.thehindu.com/incoming/mjunction-to-foray-into-europe-strength-us-operations-eyes-transactions-of-100-billion-by-2028/article69047161.ece |access-date=1 January 2025 |work=The Hindu |issn=0971-751X}}

= Tata Steel Thailand =

Tata Steel's subsidiary Tata Steel (Thailand) Public Company Limited ({{SET|TSTH}}),{{cite web|title=TSTH.BK – Tata Steel (Thailand) PCL Profile |website=Reuters |url=https://www.reuters.com/markets/companies/TSTH.BK/|access-date=31 July 2021}} (formerly Millennium Steel Public Company Limited) is listed on the Stock Exchange of Thailand. Tata Steel Limited directly holds 67.90% through its investment arm T S Global Holdings Pte. Ltd.{{cite web|title=Tata Steel (Thailand) Public Company Limited FORM 56-1 FY 2020–21|url=https://www.tatasteelthailand.com/wp-content/uploads/2021/07/As-at-May-24-2021-1.pdf|website=www.tatasteelthailand.com}} It also formed Sustainable Development Core Committee which has considered categorizing and prioritizing the group of business key material issues, rating the levels of impact on operations and value creation for the Company covering the economic, environmental and social issues.

= Tata Tinplate =

The Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel. Founded in 1920, TCIL is India's oldest and current largest tinplate manufacturer. The company is described as having "pioneered the tinplate industry in India".{{cite book |last=Karunakar |first=B. |url=http://archive.org/details/corporatechampio0000karu/page/260 |title=Corporate champions: excellent companies of India |publisher=New Delhi, India; Thousand Oaks, Calif.: Response Books |others=Internet Archive |year=2012 |isbn=978-81-321-0712-5 |page=260 }} TCIL has a 70% market share in India and exports a fourth of its products outside India.{{cite web |last=PTI |date=3 July 2018 |title=Tinplate Company plans capacity expansion on strong packaging demand |url=https://www.thehindubusinessline.com/companies/tinplate-company-plans-capacity-expansion-on-strong-packaging-demand/article24322018.ece |access-date=3 August 2021 |website=@businessline }}{{cite web |title=Tinplate Steel Sheet Suppliers, Metal Tin Manufacturers – Tata Tinplate |url=https://www.tatatinplate.com/company/company-profile |access-date=29 July 2021 |website=www.tata tinplate.com}}

In January 1920, the Burmah Oil and The Tata Iron & Steel Company (TISCO) jointly incorporated The Tinplate Company of India Limited (TCIL) to cater to the demand for tinplate that arose following World War I. Burmah contributed two-thirds of the startup capital and Tata the remainder. Burmah required tinplate for the cans used to hold the kerosene it produced.{{cite book |last=Corley |first=T. A. B. (Thomas Anthony Buchanan) |url=http://archive.org/details/historyofburmaho0000corl |title=A history of the Burmah Oil Company, 1886–1924 |publisher=London : Heinemann |year=1983 |isbn=978-0-434-14520-1 |pages=274–275 |via=Internet Archive}}

By November 1921, structural steel for the plant and machinery had been imported from the US and UK, and the plant was established at Golmuri, Jamshedpur near the Tata Steelworks. The design was based on an Indiana rolling plant. In December 1922, the first hot dip tinning plant started operations. By 1924, a total of six mills were in production and the company was producing almost 40 percent of India's tinplate needs. In 1926, the level of production exceeded the country's imports for the first time. The company's main competition was from tinplate imported from South Wales. In its early years, the Company relied to a large extent on European 'covenanted' labor for supervisory and skilled roles, but this lessened over time as the skills of Indian workers developed. Just under 3,000 workers were employed in the late 1920s, and early 1930s.{{cite book |last=Bagchi |first=Amiya Kumar |url=https://archive.org/details/privateinvestmen0000bagc/page/342 |title=Private investment in India, 1900–1939 |publisher=Cambridge University Press |year=1972 |isbn=0521-07641-2 |pages=342–346 |via=Internet Archive}}

With the outbreak of World War II, TCIL diversified into the manufacturing of un-tinned black plates used in Jettison tanks for the Royal Air Force. Also, TCIL took over the processing of steel from the sheet mills of Tata Steel to augment production.{{citation needed|date=January 2025}}

TCIL entered into an agreement with Wean United Canada to switch to the Electrolytic Tinning Process. In 1973, an Electrolytic Tinning Line was commissioned with a capacity of 90,000 tons per annum to produce tinplate and tin-free steel. In 1996, TCIL established its first Cold Rolling Mill Complex with a capacity of 110,000 tons per annum, as part of a backward integration to reduce dependency on imported uncoated sheet steel coils, known as tin mill black plate (TMBP). In 2005, a printing and lacquering line was introduced as part of a forward integration to reduce supply chain inefficiencies. In 2007, mill capacity was more than doubled to 379,000 tons by the commissioning of a second Tinning Line; a second Cold Rolling Mill facility was added a year later. Production and sales reached 360,000 tons in 2018–19.{{cite web |title=Heritage |url=https://www.tatatinplate.com/company/heritage |access-date=29 July 2021 |website=tatatinplate.com}}

In 2012, Tata Steel increased its shareholding in TCIL to 73.44% which currently stands at 74.96%{{cite news |agency=PTI |date=15 June 2012 |title=Tata Steel to hike stake in Tinplate, Tata Sponge |work=The Hindu |url=https://www.thehindu.com/business/companies/tata-steel-to-hike-stake-in-tinplate-tata-sponge/article3533332.ece |access-date=3 August 2021 |issn=0971-751X}}

Through volumes, TCIL holds 70% market share in India and exports 25% of the production to Southeast Asia, Europe, and the Middle East.

In August 2021, announced its expansion plans, an additional capacity of 300,000 tons per annum.{{cite web |last=Roy |first=Shobha |date=30 August 2021 |title=Tinplate Company of India looks to ramp up production capacity |url=https://www.thehindubusinessline.com/companies/tinplate-company-of-india-looks-to-ramp-up-production-capacity/article36188905.ece |access-date=8 October 2021 |website=The Hindu Businessline }}

In September 2022, it was announced that the company would be merged into Tata Steel.{{cite web |last=Rukhaiyar |first=Ashish |date=23 September 2022 |title=Tata Steel merges subsidiaries for better efficiency; here's the swap ratio |url=https://www.businesstoday.in/latest/corporate/story/tata-steel-merges-subsidiaries-for-better-efficiency-heres-the-swap-ratio-347995-2022-09-23 |access-date=5 May 2023 |website=Business Today }}

Carbon footprint

Tata Steel Group reported total CO2e emissions (direct + indirect) for 31 March 2021 at 25,790 Kt (−1,820 /-6.6% y-o-y).{{cite web |title=Tata Steel Group's Sustainability Report for 2021Q1 |archive-url=https://web.archive.org/web/20210608124818/https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf |url=https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf|archive-date=8 June 2021 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2021Q1 Alt URL] There is little evidence of a consistent declining trend as yet.

class="wikitable"

|+ Tata Steel Group's Total CO2e emissions (Direct + Indirect) (in kilotons)

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
21,820{{cite web |title=Tata Steel Group's Sustainability Report for 2019Q1 |archive-url=https://web.archive.org/web/20200808043857/https://www.tatasteel.com/media/9238/tata-steel-ir-2018-19-220619.pdf |url=https://www.tatasteel.com/media/9238/tata-steel-ir-2018-19-220619.pdf|archive-date=8 August 2020 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2015Q1 Alt URL]21,760{{cite web |title=Tata Steel Group's Sustainability Report for 2020Q1 |archive-url=https://web.archive.org/web/20210305125904/https://www.tatasteel.com/media/12381/tata-steel-ir.pdf |url=https://www.tatasteel.com/media/12381/tata-steel-ir.pdf|archive-date=5 March 2021 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2016Q1 Alt URL]26,640{{cite web |title=Tata Steel Group's Sustainability Report for 2021Q1 |archive-url=https://web.archive.org/web/20210608124818/https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf |url=https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf|archive-date=8 June 2021 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2017Q1 Alt URL]27,690{{cite web |title=Tata Steel Group's Sustainability Report for 2021Q1 |archive-url=https://web.archive.org/web/20210608124818/https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf |url=https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf|archive-date=8 June 2021 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2018Q1 Alt URL]28,310{{cite web |title=Tata Steel Group's Sustainability Report for 2021Q1 |archive-url=https://web.archive.org/web/20210608124818/https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf |url=https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf|archive-date=8 June 2021 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2019Q1 Alt URL]27,610{{cite web |title=Tata Steel Group's Sustainability Report for 2021Q1 |archive-url=https://web.archive.org/web/20210608124818/https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf |url=https://www.tatasteel.com/media/13915/tsl_ir21_final.pdf|archive-date=8 June 2021 }} [https://analytics.exerica.com/App/Name/Tata%20Steel%20Group/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2020Q1 Alt URL]25,790

Controversies

{{criticism section|date=June 2023}}

  • Environment protection at Dhamra Port: The Dhamra Port, a joint venture between Larsen & Toubro and Tata Steel near Dhamra river in Bhadrak district of Odisha has received for criticism from groups such as Greenpeace, Wildlife Protection Society of India and the National Fishworkers Forum for environment protection.{{cite web |url=http://www.greenpeace.org/india/en/news/dhamra-port-controversy/ |title=Dhamra port controversy: dialogue fails, TATAs refuse to suspend dredging |publisher=GreenPeace |date=26 February 2009 |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20140728035252/http://www.greenpeace.org/india/en/news/dhamra-port-controversy/ |archive-date=28 July 2014 |url-status=live }} The port is being built within five kilometers of the Bhitarkanika National Park, a Ramsar wetland of international importance, home to an notable diversity of mangrove species, saltwater crocodiles, and avian species. The port will also be approximately 15 km from the turtle nesting ground of Gahirmatha Beach, and turtles are also found immediately adjoining the port site. Aside from potential impacts on the nesting and feeding grounds of the turtles, the mudflats of the port site itself are breeding grounds for horseshoe crabs as well as rare species of reptiles and amphibians.{{cite web |url=http://www.greenpeace.org/india/press/reports/greenpeace-biodiversity |title=Biodiversity assessment of Dhamra Port |publisher=Greenpeace |date=8 June 2007 |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20100727012511/http://www.greenpeace.org/india/press/reports/greenpeace-biodiversity |archive-date=27 July 2010 |url-status=live }}{{cite web |url=http://www.dhamraport.com/ |title=The Dhamra Port website |publisher=Dhamraport.com |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20130819023707/http://www.dhamraport.com/ |archive-date=19 August 2013 |url-status=usurped }} The port began commercial production in May 2011.{{cite web |url=http://www.conservationindia.org/news/dhamra-port-commissioned-despite-environmental-concerns |title=Dhamra Port Commissioned Despite Environmental Concerns |publisher=conservationindia.org |date=19 December 2011 |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20140729011550/http://www.conservationindia.org/news/dhamra-port-commissioned-despite-environmental-concerns |archive-date=29 July 2014 |url-status=live }} In response, the company website informs that it has been working with International Union for Conservation of Nature (IUCN) for guidance and assistance in the implementation of environmental standards and designing mitigation measures for potential hazards during construction and operation of the Port.{{cite web |url=http://www.dhamraport.com/environment.php |title=Environment |publisher=dhamraport.com |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20130831200840/http://dhamraport.com/environment.php |archive-date=31 August 2013 |url-status=usurped }}{{cite news |url=http://www.thehindubusinessline.in/bline/2009/04/06/stories/2009040650311200.htm |title=We are taking elaborate environment protection measures |newspaper=The Hindu |date=6 April 2009 |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20140729220722/http://www.thehindubusinessline.in/bline/2009/04/06/stories/2009040650311200.htm |archive-date=29 July 2014 |url-status=live }}{{cite web |url=http://www.orissadiary.com/ShowEvents.asp?id=41670 |title=Dhamra Port confers 'Prakruti Sathee' Awards on Environment |publisher=orissadiary.com |date=5 June 2013 |access-date=1 September 2013 |archive-url=https://web.archive.org/web/20130609185453/http://www.orissadiary.com/ShowEvents.asp?id=41670 |archive-date=9 June 2013 |url-status=dead }}
  • Job cuts in Europe: In 2019 citing surplus capacity and high costs the company announced plans to cut 3,000 jobs in Europe, including the UK (Port Talbot Steelworks), Netherlands, and other units. The decision was made after the failed attempt to consolidate with German Steelmaker Thyssenkrupp.{{cite news|date=27 November 2019|title=Tata Steel locks horns with union over 3,000 job cuts|work=Reuters|url=https://www.reuters.com/article/us-tata-steel-layoffs-idUSKBN1Y12D2|access-date=7 August 2021}}{{cite news|last=Jolly|first=Jaspar|date=19 November 2019|title=Unions seek talks after Tata Steel shock plan to cut 3,000 jobs|work=The Guardian|url=https://www.theguardian.com/business/2019/nov/19/unions-seek-talks-after-tata-steel-shock-plan-to-cut-3000-jobs|access-date=19 December 2020}}

In media

= Documentaries =

  • Tata Steel: Seventy Five Years of the Indian Steel Industry, directed by Shyam Benegal in 1983.{{cite web |last=Benegal |first=Shyam |title=Tata Steel: Seventy Five Years of the Indian Steel Industry |website=IMDb |type=Documentary |url=https://www.imdb.com/title/tt0156123/ |access-date=29 April 2024}}
  • Tata Steel: Spirit of Steel, directed by Zafar Hai in 2007.{{cite news |last=Ayan Dutt |first=Ishita |date=13 November 2023 |title=Tata Steel's global stride with new deal to aid Europe profitability |url=https://www.business-standard.com/companies/news/up-in-the-air-123111301135_1.html |access-date=2 January 2025 |work=Business Standard}}
  • Crucible of Fire, directed by Stephen Alter and narrated by Victor Banerjee in 2008.{{cite web |last=Hai |first=Zafar |title=Crucible of Fire |type=Documentary |url=https://www.imdb.com/title/tt9703382/ |access-date=29 April 2024 |others=Victor Banerjee |publisher=Haimark Films International}}

See also

Further reading

  • {{cite journal |last=Kannappan |first=Subbiah |date=October 1959 |title=The Tata Steel Strike: Some Dilemmas of Industrial Relations in a Developing Economy |url=https://www.journals.uchicago.edu/doi/abs/10.1086/258220?journalCode=jpe |journal=Journal of Political Economy |volume=67 |issue=4 |pages=489–507 |doi=10.1086/258220 |issn=0022-3808 |eissn=1537-534X|url-access=subscription }}
  • {{cite book |last=Lala |first=R. M. |title=The Romance of Tata Steel |publisher=Penguin UK |year=2007 |isbn=9788184759082 |location=United Kingdom |publication-date=1 August 2007}}
  • {{cite journal |last1=Maheshwari |first1=Sunil Kumar |last2=Ganesh |first2=M. P. |date=April 2006 |title=Ethics in Organizations: The Case of Tata Steel |url=https://journals.sagepub.com/doi/abs/10.1177/0256090920060205 |journal=Vikalpa |volume=31 |issue=2 |pages=75–88 |doi=10.1177/0256090920060205 |issn=0256-0909 |eissn=2395-3799|url-access=subscription }}
  • {{cite book |last=Mukherjee |first=Rudrangshu |title=A Century of Trust: The Story of Tata Steel |date=2008 |publisher=Penguin Books India |isbn=9780670081561}}

References

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