Tata Steel

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formerly known as TISCO and Tata Iron and Steel Company Limited, is the world's sixth largest steel company, with an annual crude steel capacity of 31 million tonnes

In August 2004, Tata Steel entered into definitive agreements with Singapore based NatSteel Ltd to acquire its steel business for Singapore $486.4 million (approximately Rs 1,313 crore) in an all cash transaction

31 January 2007 Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at £6.7 billion

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Tata Steel’s Jamshedpur Works has a crude steel production capacity of 6.8 MTPA, which is slated to increase to 10 MTPA by 2011.
The Company also has proposed three Greenfield steel projects in Jharkhand, Orissa and Chhattisgarh in India with additional capacity of 23 MTPA and a Greenfield project in Vietnam.

Tata Steel has set an ambitious target to achieve a capacity of 100 million tonne by 2015

Tata Steel’s Indian operations are self-sufficient in iron ore through its captive mines.
It is 60% self sufficient for coking coal and the rest is procured mostly through imports.

For Corus operations, the Company needs to source raw materials through contracts with mining companies in UK and the Netherlands.

Tata Steel has signed an agreement with Steel Authority of India Limited to establish a 50:50 joint venture company for coal mining in India. Also, it has bought 19.9% stake in New Millennium Capital Corporation, Canada for iron ore mining.