Steel Markets

Trading firms Mercuria and Tata International partner in joint venture
Written by Kristen DiLandro
September 15, 2025
Geneva-based global commodities trader Mercuria is set to acquire a majority stake in Tata International, according to a report in India’s Economic Times.
Mumbai, India-based Tata International operates as the global commodity trading and distribution firm of the Tata Group. It trades metals, energy, freight, and agricultural commodities.
Under the agreement, Mercuria will acquire a 51% equity stake in Tata International. Tata’s firms will keep the remaining 49% stake in the joint venture.
Corporate Updates reports that the partnership will enable Tata to strengthen its trading capabilities, with Mercuria helping to improve operational performance and expansion into high-potential markets.
“It also marks a strategic shift towards asset-light, partnership-driven growth models in response to increasing volatility in global supply chains and commodity markets,” Corporate Updates noted.
Neither Tata International nor Mercuria had issued official statements at the time of publication.

Kristen DiLandro
Read more from Kristen DiLandroLatest in Steel Markets
Glenfarne Alaska LNG and POSCO ink preliminary partnership
Glenfarne Alaska LNG and POSCO signed a preliminary strategic agreement during the GasTech Conference in Milan on Thursday.

Steel export volumes remain weak through July
Following a 3% decline in June, the amount of steel shipped outside of the US edged up 1% in July to 623,000 short tons. July was the sixth-lowest monthly export rate since the COVID-19 pandemic, and...

Hot-rolled market participants say ‘doldrums’ to roll on through year-end
Participants in the hot-rolled steel sheet market expect the market to remain subdued through the end of the year.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.