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07 Feb
16:12

Tata Europe posts on-year improvement in quarterly earnings

Tata Steel Europe saw higher raw material and energy costs increase during the third quarter of the group’s financial year, the company tells Kallanish. This affected ebitda sequentially from the previous quarter but the European operations of the Indian steelmaker still saw a hefty year-on-year improvement in operating result. The company gives no indication of prospects for its European business for the rest of the financial year. It does highlight howev…
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