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Tata Steel was first established in Thailand in 1978 by steelmaker Thalakorn Steel Sheet Company Limited, a subsidiary of US-based Allegheny Steel. In 1996, the Thai government began negotiations with the Indian Tata Group (now known as Tata Steel Thailand), and in 1997 the two parties signed an agreement for the establishment of Tata Steel (Thailand) Public Company Limited (TSTH). The company was subsequently listed on the Stock Exchange of Thailand in 1998.
