Industry News

Tata Steel has Rs 15,000 crore capex plan for FY26 spanning India, UK, Netherlands operations

Views : 8
Update time : 2025-05-15 17:03:10
Tata Steel, a leading steel manufacturer in India, has announced a capital expenditure (capex) of Rs 15,000 crore for the current financial year (FY26) across its operations in India, the UK, and the Netherlands.

The majority, approximately 80%, will be allocated to ongoing projects in India, including the 5 MTPA blast furnace (BF) at Kalinganagar and an electric arc furnace (EAF) in Ludhiana.

Around Rs 1,900 crore is earmarked for the UK, where site activity for the Port Talbot EAF project is scheduled to commence in July 2025. The remaining investment will support operations in the Netherlands.
In the previous fiscal year (FY2024-25), Tata Steel had a total capex of Rs 15,671 crore.
Related News
Read More >>
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
May .15.2025
Public consultation opens for Fujian Bangte’s stainless steel pipe expansion project
Rio Tinto to launch Simandou iron ore shipments in Nov Rio Tinto to launch Simandou iron ore shipments in Nov
May .15.2025
Rio Tinto to launch Simandou iron ore shipments in Nov
Iron ore prices break through $102 mark Iron ore prices break through $102 mark
May .15.2025
Iron ore prices break through $102 mark
China's stainless steel prices rise, Taiwan's market remains stagnant China's stainless steel prices rise, Taiwan's market remains stagnant
May .15.2025
China's stainless steel prices rise, Taiwan's market remains stagnant