Tata Steel Ltd inaugurated India's first scrap-based Electric Arc Furnace (EAF) at Ludhiana

inaugurated India's first scrap-based Electric Arc Furnace (EAF) at Ludhiana on March 20, 2026 (₹3,200 Cr investment, 0.75 MTPA capacity, CO₂ <0.3 tps, 50% renewable energy, 100% scrap feedstock, Tata Tiscon rebar output). Board approved Neelachal Ispat Nigam merger, up to $2 Bn investment in Singapore arm, and full acquisition of Medica TS Hospital (₹1.49 Cr completed Mar 30).