~The Company received the award for its innovative practices in development of new applications for Steel by-products~

Tata Steel has been named as the ‘Company of the Year’ at the 14th Global Slag Conference and Exhibition 2019. The conference held recently in Aachen, Germany is one of the largest global annual slag event, attended by major steelmakers, steel mill service providers & associated companies.

The award has been presented to Tata Steel for its innovative practices in development of new applications for Steel by-products (Slag). The award demonstrates global recognition of Tata Steel’s commitment towards sustainability & circular economy principles.

Speaking on the award, Mr. Sanjiv Paul, VP (Safety, Health & Sustainability), Tata Steel said, “As a pioneering steel producer, Tata Steel has been built on long enduring principles of sustainability and innovation. Handling industrial waste responsibly is a key part of our process and material innovation. This recognition reaffirms our commitment to sustainable business practices and to build on the principles of circular economy.”

Tata Steel has secured this award among other nominated global companies like ArcelorMittal, CHC Resources Corporation, Contrasteel, Ecocem, Harsco Metals & Minerals, Koryo Slag Cement Co. Ltd., Metallo Belgium N.V., etc.

About Tata Steel

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum (MTPA). It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd). Currently, Tata Steel's consolidated India crude steel production capacity stands at 18.6 MnTPA.

A Great Place to Work-Certified^TM organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel retained the Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel has won several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, ‘Corporate Strategy Award’ by Mint (2018), Golden Peacock Award for Risk Management (2018) and Best Risk Management Framework & Systems Award (2019) by CNBC TV18. The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the eight time (2019), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2018), Golden Peacock HR Excellence Award by Institute of Directors (2018), ‘Best Companies To Work For’ recognition by Business Today, 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

In 2018, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow www.wealsomaketomorrow.com

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Disclaimer
Statements in this press release describing the Company's performance may be “forward looking statements" within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.