Tata Steel Long Products board withdraws plans to merge with Tata Metaliks

Trade standard

During the meeting of September 22, 2022

The Board of Directors of Tata Steel Long Products, at its meeting on September 22, 2022, approved the withdrawal of the merger plan of Tata Metaliks into and with Tata Steel Long Products, due to significant changes in the commercial conditions under- of the two companies resulting in a dilution of the inherent advantages initially envisaged.

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First published: Fri, September 23, 2022. 12:40 p.m. IST



Alejandro L. Myatt