09 Oct 2025 | 3 Mins Read
Tata Steel shares rise as EU proposes steel support measures
Flipitmoney
Tata Steel surged 3.5% to Rs 177.85 on BSE after the European Commission unveiled a new proposal to protect the EU steel industry from global overcapacity. The Commission's plan limits tariff-free imports to 18.3 million tonnes, doubles duties to 50%, and enhances market traceability. EU President Ursula von der Leyen urged swift approval.