26
Jul
11:02
Tata Steel prioritises organic growth over acquisitions: Narendran
Following the acquisition of Bhushan Steel and NINL, Tata Steel is now prioritising organic growth to ramp up its capacity to 40 million tonnes/year by 2030, informs Tata Steel chief executive and managing director TV Narendran.
Furthermore, he says that Tata Steel is not keen on acquiring NMDC Steel or Vedanta, Kallanish notes.
"[For acquiring] NMDC, we were not really keen on it because, again, between Kalinganagar and Bhushan we can add another 15 million…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous