Tata Steel surges on securing contract to supply rail track to Britain’s rail network

Tata Steel, one of the world’s biggest steelmakers, has bagged contract to supply rail track to Britain’s railway infrastructure operator Network Rail for at least five more years. Network Rail is planning to source over 95 percent of its rail from Tata Steel until 2019, with an option to extend the deal to 2024.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.