INTERVIEW - Narendran, Tata Steel: Disappointing recovery in China, big ambitions in India
August 28, 2023 at 07:13 am EDT
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Tata Steel Managing Director T.V. Narendran says the recovery in China has been disappointing, but that the worst for steel prices seems to be over. He points out that steel consumption in India is fairly strong, driven in particular by the automotive industry, and fairly weak in Europe, but says he expects an improvement. Finally, he outlines the Group's ambitions in terms of production capacity, the transition to hydrogen and debt reduction.
Tata Steel Limited is an India-based global steel company with an annual crude steel capacity of approximately 35 million tons per annum. The Company is primarily engaged in the business of manufacturing and distribution of steel products across the globe. The Company and its subsidiaries have a presence across the value chain of steel manufacturing, from mining and processing iron ore and coal to producing and distributing finished products. Its products include cold rolled (Non-branded), BP sheets, Galvano, HR commercial, hot rolled pickled and oiled and hot rolled skin passed pickled and oiled, high tensile steel strapping, pre-engineered buildings, projects/ tenders, construction and projects, and full hard cold rolled. The Company's brands include MagiZinc, Ymagine, Ympress, Contiflo, Strongbox, SAB Profil, Fischer Profil, Montana, Advantica, Fischertherm, Fischerfireproof, Montanatherm, Montapanel, Swiss Panel, Holorib, Serica, MagiZinc Auto, HyperForm, HILUMIN and Colorcoat.
TATA STEEL LIMITED 
