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Tata Steel UK begins assessment after Port Talbot fire, says Hot Strip Mill restart to begin next week
Tata Steel UK said assessment work is underway following a fire at the Pickle Line plant in Port Talbot. No injuries were reported, but a key production line suffered substantial damage. The company aims to restart the Hot Strip Mill next week
Maruti considers shielding small-car buyers from inflation-led price hikes
Maruti has implemented a price hike of ₹30,000 from June across all its models due to West Asia war-linked inflation, which has led to a surge in prices of commodities like steel, aluminium, and platinum group metals
Tata Steel slides amid reports of fire at Port Talbot Facility
Tata Steel fell 1.88% to Rs 206.60 on media reports indicated that a fire broke out at the company's Port Talbot plant in the UK on Wednesday night, leading to a temporary suspension of operations in a section of the facility.
Evonith Steel acquires Indrajit Power in Maharashtra for Rs 232 cr
Evonith Steel has successfully acquired Indrajit Power Pvt Ltd for Rs 232 crore. This acquisition was completed through an insolvency process. The 85 MW thermal asset will now support Evonith Steel's power needs. The National Company Law Tribunal approved Evonith Steel as the Resolution Applicant. This strategic move enhances Evonith Steel's operational capabilities in Wardha, Maharashtra.
Jagran Prakashan Ltd leads losers in 'B' group
Suven Life Sciences Ltd, Ravindra Energy Ltd, Sunflag Iron & Steel Company Ltd and Exicom Tele-Systems Ltd are among the other losers in the BSE's 'B' group today, 05 June 2026.
Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumes
Coal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import dependence on high gross calorific value coal and meet growing industrial needs. Record coal will be offered in linkage auctions targeting the sponge iron sector. Steel producers gain flexibility to sell coal byproducts. New projects can secure coal linkages before commissioning.
Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plant
Tata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency services extinguished the blaze, the extent of operational impact is still being assessed.
Coal India offers record coal volumes to non-regulated sectors, eases linkage norms
Coal India has put an all-time high 35 million tonne of coal on offer for sponge iron producers and relaxed rules for steel companies as it looks to boost domestic coal availability and reduce import dependence.
Fire at Tata Steel UK’s Port Talbot plant under investigation; operations impact unclear
A fire erupted at Tata Steel UK's Port Talbot steelworks in Wales. Emergency services responded swiftly. Operations at a section of the plant were temporarily halted. All personnel were safely evacuated. The company is assessing the impact on production and downstream businesses. This incident is separate from ongoing site transitions.
Tata Steel targets zero overseas debt in two years as deleveraging takes centre stage
The steelmaker plans to repay ₹16,629 crore of overseas debt by 2028 using internal cash flows, while maintaining a measured expansion strategy focused on value-added products.
Stocks to Watch, June 5: Rate sensitives, ICICI Bank, Tata Steel, Groww
Stocks to watch, June 5: Banks, auto, realty, consumer durables, Groww, Tata Steel among others to remain in focus today
