Tata Steel wins £10m contracts; European steel demand healthy

By Kasia Patel
Published: Tuesday, 12 August 2014

Tata’s contract win, together with its successful company results and recent data from worldsteel, indicate improvements in the steel and automotive sectors. This is good news for mineral producers such as S&B minerals, which saw an increase in sales as business activity gained traction.

Tata Steel announced today that it has won contracts worth around £10m ($16.8m*) with Subsea 7, one of the world’s leading suppliers to the offshore industry.

The deal comes not long after the steel giant reported a “marked improvement in profitability” in its May company results....

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.