Corus

Tata Steel Europe’s (TSE) new CEO and managing director Karl-Ulrich Kohler is undertaking a complete reorganisation of the company as he aims to make it customer-centric to deal with competitors

The Anglo-Dutch steel maker Corus, which was acquired by Tata Steel in January 2007 in one of India’s largest cross-border transactions, will now bear the name of the Indian industrial

Tata Steel, the world’s eighth largest steel maker, fears that costs at its global operations will go up by more than $150 (Rs 6,658) per tonne in the current financial year due to an “unprecedented rise” in input costs.

Tata Steel's European arm Corus today said it is open to dialogue for strategic tie-ups with investors having sound financials to rescue its recently mothballed Teesside Cast Products (TCP) plant

Despite last minute efforts, work at the Teesside Cast Product site of the Tatas-owned Corus steel plant in Redcar came to a grinding halt yesterday leading to a loss of 1,600 jobs.

Tata Steel has swung from a loss in the past four quarters to a consolidated profit of $102 million for the quarter ended December 2009. Its March quarter results