TalkMarkets Comments | #TataSteel - Page 1


Sensex Finishes Weak; Tata Steel Down 2.6%
Sahil Parikh 1/7/2017 10:56:02 PM

#TataSteel acquisition of Brahmani River Pellets Ltd comes after ex-chairman Rata Tata again taking over the Tata empire. This move symbolizes the chairman's agenda to aggressively capture the steel market in times of recession or stagnation. In future, we would see multiple similar acquisitions in the market where large firms taking advantage of Chinese stagnation of steel market to increase their foothold on the domestic markets or in simple words expand market share and control the cost that would make them more competitive.

The same thing with Pharmaceutical companies such as #SunPharma. Sun Pharma is doing its part of Indian companies taking on foreign acquisitions and having a foothold in American market and gain insight into American markets. Similar Indian companies have taken over such acquisitions in different sectors such as Adani, Tata, Mahindra, etc. The long-term goal is to make Indian market open to foreign investment and open the doors for Indian companies in International markets that would make BSE and NSE interconnected with International markets. $TTM

The Trade Wars Begin: China Retaliates To Steel Tariffs With Global Anti-Dumping Duties
Sahil Parikh 1/5/2017 9:23:39 PM

#TataSteel is going through a internal conflict between Cyrus Mistry and Ratan Tata over the selling of Tata's european operations. The government has launched the restriction to protect the company from outside influence during a civil war between two most influential people in the company. After this move, American companies did too impose anti-dumping laws on steel imports which created more trouble for chinese #steel companies. This would create a trade war between steel companies over the world, one trying to drive the price up and one side trying to bring the price down. If the price doesn't move up the chinese steel companies would suffer the loss. If the price stays the same, we would see a price increase in american steel companies. $TATLY

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