23
Sep
08:16
Tata Steel’s board approves amalgamation of seven subsidiaries
Tata Steel’s board of directors has approved the amalgamation of seven subsidiaries into and with Tata Steel. The subsidiaries include Tata Steel Long Products (TSLP), The Tinplate Company of India (TCIL), Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining and S&T Mining, Kallanish notes.
“The proposed amalgamations will enhance management efficiency, drive sharper strategic focus and improve agility across businesses based…
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Very good overview of the weekly steel market.
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