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'{{Use Indian FUCK OFF English|date=September 2015}} {{Use dmy dates|date=March 2018}} {{Infobox company | name = Tata Steel Limited | logo = Tata Steel Logo.svg | logo_size = 250px | former_name = Tata Iron and Steel Company | type = [[Private company|Private]] | traded_as = {{NSE|TATASTEEL}}<br>{{BSE|500470}}<br>[[BSE SENSEX|BSE SENSEX Constituent]]<br>[[S&P CNX Nifty|CNX Nifty Constituent]] | foundation = {{Start date and age|df=yes|1907|8|25}} | founder = [[Jamsetji Tata]] | industry = [[Steel]] | location = [[Mumbai]], [[Maharashtra]], [[India]]<ref>{{cite web |url=http://www.tatasteel.com/contact/contact-information.asp |title=Contact Information |publisher=TataSteel.com |accessdate=31 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130921233702/http://www.tatasteel.com/contact/contact-information.asp |archivedate=21 September 2013 |df=dmy-all }}</ref> | key_people = [[Natarajan Chandrasekaran]]<br> (Chairman)<br>[[T. V. Narendran]]<br>(CEO & Managing Director, Tata Steel Ltd.) | area_served = Worldwide | products = Steel, flat steel products, [[long steel products]], [[Wire|wire products]], plates | revenue = {{profit}} {{INRConvert|133016|c}} (2018)<ref>{{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 |accessdate=16 May 2018}}</ref> | net_income = {{profit}} {{INRConvert|17000|c}} (2018) | parent = [[Tata Group]] | subsid = [[Jamshedpur FC]] | homepage = {{URL|http://www.tatasteel.com}} }} '''Tata Steel Limited''' formerly Tata Iron and Steel Company Limited '''(TISCO)''' is an Indian [[Multinational corporation|multinational]] [[steel]]-making company headquartered in [[Mumbai, Maharashtra]], India, and a subsidiary of the [[Tata Group]]. It is one of the top [[List of steel producers|steel producing companies]] globally with annual [[crude steel]] deliveries of 27.5&nbsp;million tonnes (in FY17), and the second largest steel company in India (measured by domestic production) with an annual capacity of 13&nbsp;million tonnes after [[Steel Authority of India|SAIL]].<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2013-06-03/news/39714934_1_jsw-ispat-steel-jsw-building-systems-jsw-ispat |title=JSW Steel has become the second largest steel producer in the country after state-owned Steel Authority of India (SAIL) |publisher=economictimes.com |date= |accessdate=3 June 2013}}</ref> Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and employs around 80,500 people.<ref name=FY>{{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 |accessdate=16 May 2018}}</ref> Its largest plant located in [[Jamshedpur]], [[Jharkhand]]. In 2007 Tata Steel acquired the UK-based steel maker [[Corus Group plc|Corus]].<ref>{{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 |accessdate=31 August 2013}}</ref><br> <ref name=FY/> It was ranked 486th in the 2014 [[Fortune Global 500]] ranking of the world's biggest corporations.<ref name=Fortune500>{{cite news|url=http://fortune.com/global500/tata-steel-486/ |title=Global 500: 486 Tata Steel |date=22 July 2014 |accessdate=31 August 2014 |work=Fortune}}</ref> It was the seventh most valuable Indian brand of 2013 as per [[Brand Finance]].<ref>{{cite web|title=India's top 50 brands|url=http://brandirectory.com/league_tables/table/india-50-2013|publisher=brandirectory.com |accessdate=19 August 2013}}</ref><ref>{{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 |accessdate=31 August 2013}}</ref><ref>{{cite web |url=http://www.tatasteelindia.com/sustainability/2012/managing-directors-statement.asp |title=Sustainability Report 2012 |publisher=Tata Steel India |accessdate=31 August 2013}}</ref> ==History== [[File:Tata_Steel_at_Night.jpg|thumb|Tata Steel's [[Jamshedpur]] plant at night]] Tata Iron and Steel Company was founded by [[Jamsetji Tata]] and established by [[Dorabji Tata]] on 26 August 1907, and began producing steel in 1912 as a branch of Jamsetji's [[Tata Group]].<ref name=TSH>{{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 |date= |accessdate=31 August 2013}}</ref><ref name=FUH>{{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 |accessdate=31 August 2013}}</ref><ref>{{cite web |url=http://www.steelonthenet.com/kb/history-tata.html |title=History of Tata Steel |publisher=steelonthenet.com |accessdate=31 August 2013}}</ref> By 1939, it operated the largest steel plant in the British Empire. The company launched a major modernization and expansion program in 1951. Later, in 1958, the program was upgraded to 2&nbsp;million metric tonnes per annum (MTPA) project.<ref name=TSH/> By 1970, the company employed around 40,000 people at Jamshedpur, and a further 20,000 in the neighbouring coal mines.<ref name=FUH/> In 1971 and 1979, there were unsuccessful attempts to nationalise the company.<ref name=FUH/> In 1990, the company began to expand, and established its subsidiary, Tata Inc., in New York. The company changed its name from TISCO to Tata Steel Ltd. in 2005.<ref>{{cite news |url=http://www.financialexpress.com/old/latest_full_story.php?content_id=91360 |title=TISCO to change its name to Tata Steel Ltd |date=19 May 2005 |newspaper=Financial Express |accessdate=31 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20131014191033/http://www.financialexpress.com/old/latest_full_story.php?content_id=91360 |archivedate=14 October 2013 |df=dmy-all }}</ref> Tata Steel on Thursday, 12 February 2015 announced buying three strip product services centres in Sweden, Finland and Norway from SSAB to strengthen its offering in [[Nordic region]]. The company, however, did not disclose the value of the transactions.<ref>{{cite news |url=http://zeenews.india.com/business/news/companies/tata-steel-to-buy-three-service-centres-from-ssab-in-nordic_118509.html |title=Tata Steel to buy three service centres from SSAB in Nordic |date=12 February 2015 |publisher=Zee News |accessdate=13 February 2015}}</ref> In September 2017, [[ThyssenKrupp]] of Germany and Tata Steel announced plans to combine their European steel-making businesses. The deal will structure the European assets as Thyssenkrupp Tata Steel, an equal joint venture. The announcement estimated that the company would be Europe’s second-largest steelmaker, and listed future headquarters in [[Amsterdam]].<ref name=wsj-zeke>{{cite news |last=Turner |first=Zeke |last2=Patterson |first2= Scott |date=20 September 2017 |title=Thyssenkrupp, Tata Seal Long-Awaited European Steel Deal |url= https://www.wsj.com/articles/thyssenkrupp-tata-clinch-european-steel-deal-1505891598| work=[[The Wall Street Journal]] |location=New York City, New York, United States |accessdate=21 September 2017}}</ref> ==Acquisitions== '''NatSteel''' in 2004: In August 2004, Tata Steel agreed to acquire the steel making operations of the Singapore-based NatSteel for $486.4&nbsp;million in cash.<ref name=TH1>{{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 |accessdate=31 August 2013 |newspaper=The Hindu |date=17 August 2004}}</ref> NatSteel had ended 2003 with turnover of $1.4&nbsp;billion and a profit before tax of $47&nbsp;million.<ref name=TH1/> The steel businesses of NatSteel would be run by the company through a wholly owned subsidiary called Natsteel Asia Pte Ltd.<ref name=TH1/> The acquisition was completed in February 2005.<ref>{{cite news|url=http://www.thehindubusinessline.in/2005/02/17/stories/2005021702660300.htm|title=Tata Steel completes NatSteel acquisition|accessdate=31 August 2013|publisher=The Hindu|date=16 February 2005|deadurl=yes|archiveurl=https://web.archive.org/web/20130606180242/http://www.thehindubusinessline.in/2005/02/17/stories/2005021702660300.htm|archivedate=6 June 2013|df=dmy-all}}</ref><ref name=BSN>{{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 |accessdate=31 August 2013}}</ref> At the time of acquisition, NatSteel had a capacity of about 2&nbsp;million tonnes per annum of finished steel.<ref name=BSN/><ref name=TATAMS>{{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 |accessdate=31 August 2013}}</ref> '''Millennium Steel''' in 2005: Tata Steel acquired a majority stake in the Thailand-based steelmaker Millennium Steel for a total cost of $130&nbsp;million. It paid US$73&nbsp;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.<ref>{{cite news |url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_QgJUPNP9.Y&refer=asia |title=Tata to Buy Thailand's Millennium Steel for $175 Mln |accessdate=22 December 2012 |publisher=Bloomberg |date=15 December 2012}}</ref><ref>{{cite news|url=http://www.thehindubusinessline.com/todays-paper/tata-steel-to-buy-thai-co-for-130-m/article2198637.ece |title=Tata Steel to buy Thai co for $130 m |accessdate=22 December 2012|publisher=The Hindu |date=15 December 2012}}</ref> For the year 2004, Millennium Steel had revenues of US$406&nbsp;million and a profit after tax of US$29&nbsp;million.<ref name=TATAMS/> At the time of acquisition, Millennium Steel was the largest steel company in Thailand with a capacity of 1.7&nbsp;million metric tonnes per annum, producing [[long products]] for construction and engineering steel for auto industries.<ref name=TATAMS/> Millennium Steel has now been renamed to Tata Steel Thailand and is headquartered in [[Bangkok]].<ref>{{cite web |url=http://www.tata.in/company/profile.aspx?sectid=bijlJLDdD/o= |title=Our businesses : Tata companies : Tata Steel Thailand |publisher=Tata Group |accessdate=27 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130920171449/http://www.tata.in/company/profile.aspx?sectid=bijlJLDdD%2Fo%3D |archivedate=20 September 2013 |df=dmy-all }}</ref> On 31 March 2013, it held approx. 68% shares in the acquired company.<ref name=FY/> '''Corus''' in 2007: On 20 October 2006, Tata Steel signed a deal with Anglo-Dutch company, Corus to buy 100% stake at £4.3&nbsp;billion ($8.1&nbsp;billion) at 455 pence per share.<ref name=BBCNC>{{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 |accessdate=31 August 2013}}</ref> On 19 November 2006, the Brazilian steel company [[Companhia Siderúrgica Nacional]] (CSN) launched a counter offer for Corus at 475 pence per share, valuing it at £4.5&nbsp;billion. On 11 December 2006, Tata preemptively upped its offer to 500 pence per share, which was within hours trumped by CSN's offer of 515 pence per share, valuing the deal at £4.9&nbsp;billion. The Corus board promptly recommended both the revised offers to its shareholders. On 31 January 2007, Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at £6.7&nbsp;billion ($12&nbsp;billion).<br> In 2005, Corus employed around 47,300 people worldwide, including 24,000 in the UK.<ref name=BBCNC/> At the time of 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 at 56th position. The acquisition made Tata Steel world's 5th largest producer of Steel.<ref name=BBCNC/><br> {{See also|Tata Corus acquisition}} '''2 Rolling mill companies in Vietnam''' in 2007: Tata Steel through its wholly owned Singapore subsidiary, NatSteel Asia Pte Ltd, acquired controlling stake in two 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&nbsp;million. With this acquisition, Tata Steel got hold of two rolling mills, a 250k tonnes per year bar/wire rod mill operated by SSE Steel Ltd and a 180k tonnes per year reinforcing bar mill operated by Vinausteel Ltd.<ref>{{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 |accessdate=31 August 2013}}</ref><ref>{{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 |accessdate=31 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20111122195910/http://tata.com/company/releases/inside.aspx?artid=qYnIs4oDE+o= |archivedate=22 November 2011 |df=dmy-all }}</ref> == Operations == [[File:JL Nehru Road (3).jpg|thumb|right|The [[Tata Centre]] in Kolkata, India]] 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.<ref>{{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 |accessdate=31 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130816023612/http://www.tatasteel.com/global-network/international-operations.asp?Continent=Australia&ContId=cont1#australia |archivedate=16 August 2013 |df=dmy-all }}</ref> Tata Steel primarily serves customers in the automotive, construction, consumer goods, engineering, packaging, lifting and excavating, energy and power, aerospace, shipbuilding, rail and defence and security sectors.<ref>{{cite web |url=http://www.tatasteel.com/key-market-sectors/index.asp |title=Key Market Sectors |publisher=Tata Steel |accessdate=31 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130921102926/http://www.tatasteel.com/key-market-sectors/index.asp |archivedate=21 September 2013 |df=dmy-all }}</ref> ===Expansion plans=== Tata Steel has set a target of achieving an annual production capacity of 100&nbsp;million tons by 2015; it is planning for capacity expansion to be balanced roughly 50:50 between greenfield developments and acquisitions.<ref name=bs>{{cite news |url=http://www.business-standard.com/article/companies/tatas-hungry-for-more-107020301053_1.html |title=Tatas hungry for more |newspaper=Business Standard |date=3 February 2007 |accessdate=31 August 2013}}</ref><ref name=ft>{{cite news |url=http://www.financialexpress.com/old/fe_full_story.php?content_id=162675 |title=Unabated appetite for global growth |publisher=Financial Express |date=30 April 2007 |accessdate=31 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20131004213050/http://www.financialexpress.com/old/fe_full_story.php?content_id=162675 |archivedate=4 October 2013 |df=dmy-all }}</ref> Overseas acquisitions have already added an additional 21.4&nbsp;million tonnes of capacity, including Corus (18.2&nbsp;million tonnes), NatSteel (2&nbsp;million tonnes) and Millennium Steel (1.2&nbsp;million tonnes). Tata plans to add another 29&nbsp;million tonnes of capacity through acquisitions.<ref name=bs/><ref name=ft/><br>Major greenfield steel plant expansion projects planned by Tata Steel include:<ref name=bs/> '''1'''. A 6&nbsp;million tonne per annum capacity plant in Kalinganagar, Odisha, India;<ref name=ETD>{{cite news| url=http://articles.economictimes.indiatimes.com/2011-08-03/news/29846501_1_dhamra-port-orissa-project-benga-project |work=Economic Times |title=Tata Steel's Jamshedpur expansion on course: Tata | date=3 August 2011 |accessdate=31 August 2013}}</ref> '''2'''. An expansion of the capacity of its plant in Jharkhand, India from 6.8 to 10&nbsp;million tonnes per annum;<ref name=ETD/> '''3'''. A 5&nbsp;million tonne per annum capacity plant in Chhattisgarh, India (Tata Steel signed a memorandum of understanding with the Chhattisgarh government in 2005; the plant is facing strong protest from tribal people);<ref>{{cite news| url=http://www.thehindu.com/news/national/article395583.ece | work=The Hindu |title=Tata Steel has not dropped Chhattisgarh project |date=13 April 2010 |accessdate= 31 August 2013}}</ref> '''4'''. A 3&nbsp;million tonne per annum capacity plant in Iran;<ref>{{cite news |url=http://news.bbc.co.uk/2/hi/business/4090890.stm |title=Tata Steel in $1.1bn Iranian deal |newspaper=BBC News |date=15 June 2005 |accessdate=31 August 2013}}</ref><ref>{{cite news |url=http://articles.economictimes.indiatimes.com/2008-01-08/news/28459692_1_tata-steel-steel-project-iran-project |title=Tata's Iran steel project on hold? |newspaper=Economic Times |date=8 January 2008 |accessdate=31 August 2013}}</ref> '''5'''. A 2.4&nbsp;million tonne per annum capacity plant in Bangladesh;<ref>{{cite news |url=http://www.indianexpress.com/news/tata-s-bangladesh-plan-in-cold-storage/6536/ |title=Tata’s Bangladesh plan in cold storage |newspaper=Indian Express |date=15 June 2006 |accessdate=31 August 2013}}</ref> '''6'''. A 10.5&nbsp;million tonne per annum capacity plant in Vietnam (feasibility studies are underway); and<ref>{{cite news|url=http://timesofindia.indiatimes.com/business/india-business/Tata-Group-to-set-up-5-billion-steel-factory-in-Vietnam/articleshow/15059766.cms|title=Tata Group to set up $5 billion steel factory in Vietnam |date=20 July 2012 |work=The Times of India |accessdate=31 August 2013}}</ref> '''7'''. A 6&nbsp;million tonne per annum capacity plant in Haveri, [[Karnataka]].<ref>{{cite news| url=http://www.thehindubusinessline.com/companies/article3505147.ece | title=Tata signs EoI to set up plant in Haveri district |date=8 June 2012 |accessdate=31 August 2013}}</ref> ==Shareholding== As on 31 March 2018, Tata Group held 31.64% shares in Tata Steel. Over 1&nbsp;million individual shareholders hold approx. 21% of its shares. [[Life Insurance Corporation of India]] is the largest non-promoter shareholder in the company with 14.88% shareholding.<ref name=FY/><ref>{{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 |accessdate=3 September 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20150924113432/http://www.tatasteel.com/investors/shareholding-information/shareholding-30-jun-14.asp |archivedate=24 September 2015 |df=dmy-all }}</ref> {| class="wikitable" |- ! Shareholders !! Shareholding<ref name=FY/> |- | Promoters: Tata Group companies || 31.64% |- | Insurance Companies || 21.81% |- | Individual shareholders || 22.03% |- | Foreign Institutional Investors || 15.35% |- | GDRs || 02.41% |- | Others || 07.05% |- | Total || 100.0% |- |} The equity shares of Tata Steel are listed on the [[Bombay Stock Exchange]],<ref>{{cite web |url=http://www.bseindia.com/stock-share-price/tata-steel-ltd/tata-steel/500470/ |title= Tata Steel Ltd. |publisher=BSEindia.com |accessdate=31 August 2013}}</ref> where it is a constituent of the [[BSE SENSEX]] index,<ref>{{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 |accessdate=31 August 2013}}</ref> and the [[National Stock Exchange of India]],<ref>{{cite web |url=http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=TATASTEEL |title=Tata Steel Ltd. |publisher=NSE India |accessdate=31 August 2013}}</ref> where it is a constituent of the [[S&P CNX Nifty]].<ref>{{cite web |url=http://www.nseindia.com/content/indices/ind_niftylist.csv |title=Download List of CNX Nifty stocks (.csv) |publisher=NSE India |accessdate=31 August 2013}}</ref><br> Its [[Global Depository Receipt]]s (GDRs) are listed on the [[London Stock Exchange]]<ref>{{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 |accessdate=31 August 2013}}</ref> and the [[Luxembourg Stock Exchange]].<ref>{{cite news |url=http://articles.timesofindia.indiatimes.com/2009-07-21/india-business/28154853_1_gdr-route-tata-steel-uk-global-depository-receipts |title=Tata Steel set to raise $600m through GDRs |newspaper=Times of India |date=21 July 2009 |accessdate=31 August 2013}}</ref><ref>{{cite web |url=http://www.tatasteel.com/investors/shareholding-information/stock-exchange-information.asp |title=Stock Exchange Information |publisher=Tata Steel |accessdate=31 August 2013}}</ref> ==Controversies== * '''Job cuts at Teesside in UK''': In 2009, the subsidiary company Corus announced mothballing of the blast furnace at Teesside. This would result in approx. 1,700 job cuts.<ref>{{cite news |url=http://news.bbc.co.uk/2/hi/uk_news/england/tees/8395120.stm |title=Corus job cuts 'horrendous' for Teesside |newspaper=BBC News |date=4 December 2009 |accessdate=1 September 2013}}</ref> In 2003, Corus had informed that the production at Teesside Cast Products (TCP) was a surplus to its needs. In December 2009, it informed about partial mothballing of the plant.<ref name=TEESSIDE>{{cite news |url=http://news.bbc.co.uk/local/tees/hi/people_and_places/newsid_8950000/8950864.stm |title=Corus Timeline: How it all began |newspaper=BBC News |date=27 August 2010 |accessdate=1 September 2013}}</ref> To help the workers, a Corus Response Group was formed which developed a comprehensive package of support. This plan was in place over the past 10 months of announcement. This plan included employment experts on site in January 2010 to put in place support for affected workers, such as individual sessions with workers to update CVs, highlight job opportunities and look at retraining options. The response group will also be working closely with the Teesside Cast Products supply chain to offer similar support.<ref>{{cite news |url=http://www.theinformationdaily.com/2009/12/04/corus-statement-on-job-losses-in-england |title=Corus Statement On Job Losses In England |newspaper=informationdaily.co.uk |date=4 December 2009 |accessdate=1 September 2013}}</ref><ref>{{cite web |url=http://www.gazettelive.co.uk/news/local-news/its-time-new-era-tees-3706553 |title=It's time for a new era in Tees Valley |publisher=gazettelive.co.uk |date=20 April 2010 |accessdate=1 September 2013}}</ref><ref>{{cite news |url=http://articles.economictimes.indiatimes.com/2010-03-30/news/27604938_1_tcp-plant-corus-spokesperson-middlesbrough-ray-mallon |title=Corus open to strategic tie-ups to save UK-based TCP Plant |newspaper=Economic Times |date=30 March 2010 |accessdate=1 September 2013}}</ref> In February 2011, the TCP plant was bought by Thailand's Sahaviriya Steel Industries from Corus for $469&nbsp;million. The acquisition was expected to create more than 800 jobs on top of the existing workforce of 700 at the steel plant, which will be brought back into full operation.<ref name=TEESSIDE/><ref>{{cite news |url=https://www.telegraph.co.uk/finance/newsbysector/industry/8345922/Teesside-Cast-Products-saved-by-Thailands-Sahaviriya-Steel-Industries.html |title=Teesside Cast Products saved by Thailand's Sahaviriya Steel Industries |newspaper=The Telegraph |date=24 February 2011 |accessdate=1 September 2013}}</ref> * '''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 come in for criticism from groups such as [[Greenpeace]], [[Wildlife Protection Society of India]] and the Orissa Traditional Fishworkers' Union for environment protection.<ref>{{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 |accessdate=1 September 2013}}</ref> The port is being built within five kilometres of the [[Bhitarkanika National Park]], a [[Ramsar wetland of international importance]], home to an impressive diversity of [[mangrove]] species, [[saltwater crocodile]]s and an array of avian species. The port will also be approximately 15&nbsp;km. from the turtle nesting of [[Gahirmatha Beach]], and turtles are also found immediately adjoining the port site. Aside from potential impacts on nesting and feeding grounds of the turtles, the mudflats of the port site itself are breeding grounds for [[horseshoe crab]]s as well as rare species of reptiles and amphibians.<ref>{{cite web |url=http://www.greenpeace.org/india/press/reports/greenpeace-biodiversity |title=Biodiversity assessment of Dhamra Port |publisher=Greenpeace |date=8 June 2007 |accessdate=1 September 2013}}</ref><ref>{{cite web|url=http://www.dhamraport.com/ |title=The Dhamra Port website |publisher=Dhamraport.com |date= |accessdate=1 September 2013}}</ref> The port began commercial production in May 2011.<ref>{{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 |accessdate=1 September 2013}}</ref> 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.<ref>{{cite web |url=http://www.dhamraport.com/environment.php |title=Environment |publisher=dhamraport.com |accessdate=1 September 2013}}</ref><ref>{{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 |accessdate=1 September 2013}}</ref><ref>{{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 |accessdate=1 September 2013}}</ref> == Major competitors == Tata Steel's major competitors include [[ArcelorMittal]], [[Essar Steel]], [[Jindal Steel and Power]], [[JSW Steel]], [[Steel Authority of India Limited|SAIL]] and [[VISA Steel]].<ref>{{cite web |url=http://www.moneycontrol.com/competition/tatasteel/comparison/TIS |title=Tata Steel Comparison with Competitors |publisher=MoneyControl.com |accessdate=31 August 2013}}</ref><ref>{{cite web |url=http://www.hoovers.com/company-information/cs/competition.Tata_Steel_Limited.8bcab362b4c392f7.html |title=Top Competitors for Tata Steel Limited |publisher=Hoovers |accessdate=31 August 2013}}</ref> == Products == The steel plant produces: * [[Iron]] * Soft iron * [[Cast iron]] * [[Alloy]] They also produce: * Locomotive parts * Agricultural equipment * Machinery, tinplate * Cable and wire * Rebars * Branded products and solutions like Pravesh Doors,<ref>{{cite web|url=http://www.tatasteel.com/products-solutions/india/solutions/#Pravesh|title=Solutions|publisher=Tata Steel|accessdate=25 October 2017}}</ref> Nest-in building structures<ref>{{cite web|url=http://www.tatasteel.com/products-solutions/india/solutions/#Nestin|title=Solutions|publisher=Tata Steel|accessdate=25 October 2017}}</ref> ==See also== * [[List of steel producers]] * [[List of companies of India]] * [[Tata Group]] * [[Russi Mody]] {{Portalbar|Companies}} ==References== {{Reflist|30em}} ==External links== {{commons category|Tata Steel}} * {{official website}} {{Tata Group}} {{Steel industry of India}} {{BSE Sensex}} {{CNX Nifty companies}} [[Category:BSE SENSEX]] [[Category:CNX Nifty]] [[Category:Steel companies of India]] [[Category:Economy of Jharkhand]] [[Category:Companies based in Maharashtra]] [[Category:Manufacturing companies established in 1907]] [[Category:Tata Steel| ]] [[Category:Coal companies of India]] [[Category:1907 establishments in India]] [[Category:Companies listed on the Bombay Stock Exchange]] [[Category:Rajiv Gandhi National Quality Award recipients]]'