Tata Steel invests for growth

Tata Steel is aiming to double its worldwide steel sales by 2017 in the lifting and excavating sector from its current volume of 500,000tonnes. To achieve this target the company has recently invested €40million to improve its product portfolio, by developing its quenched and tempered, and advanced downstream processing facilities in the UK. Tata Steel said it delivers a wider range of differentiated steel products to the lifting and excavating industry than any other steel producer in the world, and provid
January 6, 2017 Read time: 1 min
2657 Tata Steel is aiming to double its worldwide steel sales by 2017 in the lifting and excavating sector from its current volume of 500,000tonnes.

To achieve this target the company has recently invested €40million to improve its product portfolio, by developing its quenched and tempered, and advanced downstream processing facilities in the UK.

Tata Steel said it delivers a wider range of differentiated steel products to the lifting and excavating industry than any other steel producer in the world, and provides one of the most comprehensive product portfolios for this sector.

Its products include hot-rolled sheet and steel plate, a range of hot-finished and cold-formed steel tubes in circular, square and rectangular hollow sections, plus speciality bar products for engines and transmissions.

In addition, the firm claimed to have the most extensive range of track-shoe sections available anywhere in the world.

%$Linker: 2 Asset <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 66953 0 oLinkExternal www.TataSteel.com www.TataSteel.com false /EasySiteWeb/GatewayLink.aspx?alId=66953 false false%>

%$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 11560 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkInternal">View more videos</span></span> Video false /event-news/bauma-2013/video/ true false%>

For more information on companies in this article

Related Content

  • XCMG to create R&D base in the United States
    April 16, 2013
    Leading Chinese construction equipment manufacturing firm XCMG has revealed plans to open a new research and development facility in the United States. Speaking at bauma 2013 Wang Yansong, the company’s vice president, said, “In the second half of this year we are planning to build a R&D centre in the United States. It’ll take about half a year to finish construction. It should open in 2014.” While Yansong would not reveal how much XCMG was investing in the US site, he said it was due to America, along with
    Read More
  • REMU launches Combi E8 screening plant
    April 16, 2013
    Finnish company Remu has launched its new screening plant, the Remu Combi E8. A non-clogging screening plant for preparing topsoil and processing various waste materials, the re-engineered solutions have increased screening capacity by a wider 950mm screening table and a new 2.6m3 feeder unit.
    Read More
  • Oerlikon is offering an array of new machine drive technologies
    January 6, 2017
    From Oerlikon’s drive brands Oerlikon Graziano and Oerlikon Fairfield comes an array of sophisticated new drive systems for an array of construction machinery applications. The GA rear axle system is a new generation of motor grader axles specifically designed with a complete tandem box. Wet disc brakes are fitted outboard on each wheel hub, which optimises braking performance, provides easier cooling and also meets international safety regulations. The firm’s axle range for graders includes of five differe
    Read More
  • Oerlikon is offering an array of new machine drive technologies
    March 11, 2013
    From Oerlikon’s drive brands Oerlikon Graziano and Oerlikon Fairfield comes an array of sophisticated new drive systems for an array of construction machinery applications. The GA rear axle system is a new generation of motor grader axles specifically designed with a complete tandem box. Wet disc brakes are fitted outboard on each wheel hub, which optimises braking performance, provides easier cooling and also meets international safety regulations. The firm’s axle range for graders includes of five differe
    Read More

Highlighted Content