On July 1, 2026, Economic Times manufacturing desk reported that Tata Steel is aiming to reduce its dependence on the ferro alloys business and raise the value-added segment from about 20 per cent to 70-80 per cent as the company sets up a robust domestic speciality steel input base. It was revealed by Sushanta Kumar Mishra, Executive In-charge, Ferro Alloys & Minerals Division, Tata Steel, while addressing the 15th India Minerals and Metals Forum.<\/p>\n
This isn’t a typical corporate announcement. It is an indication of a change in the pattern of manufacturing steel in India where the major steel producers are now looking to get the chrome, nickel and other alloying materials, which are currently mainly imported, on a different footing. That change provides fresh opportunities for MSMEs and startups in the specialty steel alloy processing<\/a>, testing and scrap beneficiation and ancillary manufacturing areas which are critical for the defence, aerospace and auto industries.<\/p>\n See the original coverage here:<\/p>\n Full report: Tata Steel aims to raise value-added Ferro Alloys share to 70-80% \u2014 Economic Times Manufacturing<\/a><\/p>\n