Rising steel prices could add heft to Tata Steel’s profits, but they must sustain
#India : @1314 '>Indice @1314 hrs IST #Nifty ↑+0.37% 12,906.2 #Sensex ↑+0.40% 44,000.5 #Loser : #eichermotor '>Food #EicherMotor ↓-2.1% #Winner : Financial svc, Bank, Pharma, Steel, #grasim '>Insurance #Grasim ↑+2.7% #Mixed : Auto, Energy, IT, Chemical, Power, Cement #Groups Bajaj, HDFC, SBI, & TATA ↑
Met with my friends from Tata Steel on Saturday at Jamshedpur. We had joined Tata Steel as trainee engineers over 30 years ago. Relived some wonderful memories. My best wishes to all my fellow engineers on Engineers Day!
It's wonderful to see UK industry up close at Tata Steel in Corby, a town with a long history of steel production. A Labour government will invest in UK steel and many other industries to provide jobs and wealth across the country. #SaveOurSteel
Congrats to PM ji & ji for a historic breakthrough in resolving legacy issues of Banks. Lenders recovered almost entire principal loan of Bhushan Steel through Rs 36,400 cr transparent bid by Tata Steel and also got 12% stake in the company.
BREAKING: Tata Steel now less likely to keep UK business with impact on 14,000 jobs. “This could change everything.”
Steel giant Tata expected to announce sale of entire UK business, union sources say