Will improve exports in South East Markets: Tata Steel
The Dollar Business Bureau Tata Steel today revealed that it is pursuing business-prospects in South East Asian markets since they offered better prices. TV Narendran, MD at Tata Steel India and South East Asia suggested around the side-lines of the India Steel Expo, that the market prices in steel have stabilized and South East Asian markets provided better prices. He further added that investments would fuel the steel sector’s growth in the country. The industry would have to either generate such funds or find specific investors willing to invest. As such he found the sector growing, and offering opportunities for capital equipment markets. The $25 bn, Mumbai headquartered Tata Steel is the tenth largest steel producer in the world with an annual capacity ...
