Tata steel
Indian Steel Exporters Face Profit Squeeze As EU's Carbon Border Tax Looms
National News

Indian Steel Exporters Face Profit Squeeze As EU’s Carbon Border Tax Looms

Indian steel companies exporting to the European Union (EU) are facing significant challenges as the implementation of the carbon border adjustment mechanism (CBAM) in 2026 threatens to dent their profitability by up to 30 per cent. The CBAM, scheduled to come into effect in 2026, aims to shield domestic manufacturers in six sectors, including iron […]

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Tata Steel and SMS Group Collaborate to Decarbonize Steelmaking
Companies International News

Tata Steel And SMS Group Collaborate To Decarbonise Steelmaking

Tata Steel and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on the decarbonisation of steel making process. T. V. Narendran, CEO & MD, Tata Steel, said: “Tata Steel is actively looking for solutions to facilitate the transition to green steel production, and thus contribute to a sustainable future. Further, India […]

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