Tata Metaliks
Tata Metaliks Limited –a Tata group company –manufactures pig iron. Tata Metaliks has two plants in India –one in West Bengal and the other in Maharashtra.
Ownership
Promoter holding in Tata Metaliks stands at 50.044, while the general public has 36.16 percent of the company’s stock.
Promoter holding in Tata Metaliks stands at 50.044, while the general public has 36.16 percent of the company’s stock.
Industry Characteristics
Pig Iron is the basic raw material for the steel industry and growth in this sector is directly linked to a demand growth in the steel industry. On the raw material front, iron ore and coke are the major raw material for pig iron production.
Pig Iron is the basic raw material for the steel industry and growth in this sector is directly linked to a demand growth in the steel industry. On the raw material front, iron ore and coke are the major raw material for pig iron production.
There has been an over-supply of pig iron globally, which negatively affects the pricing power of the pig iron manufacturers and thus impacting topline growth.
The Pig Iron industry is a highly fragmented and cyclical industry
The Pig Iron industry is a highly fragmented and cyclical industry
Performance
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