AT A GLANCE: Tata Steel July-September results improve

A summary of Tata Steel’s financial results for the third quarter of 2020, running from July to September.

In brief

Quarterly deliveries at India operations rose by 22% year-on-year. Tata Steel is now in talks with Swedish steelmaker SSAB for a sale of its IJmuiden plant in the Netherlands. The producer has initiated a process to separate Tata Steel Netherlands and Tata Steel UK, and will pursue separate strategic paths for the Netherlands and UK businesses in the future. Tata Steel is reorganizing its presence in India, and folding listed and unlisted subsidiaries into four clusters – Long products, Downstream, Mining, Utilities &...

Published

Maria Tanatar

November 13, 2020

19:38 GMT

London