Tag: India: Tata Steel reports stable production in Q1FY’23; demand to recover in Q2
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India: Tata Steel reports stable production in Q1FY’23; demand to recover in Q2
The first quarter of FY’23 has been a challenging one due to geopolitical tension, surge in COVID-19 cases in China, global inflation, etc; however, Tata Steel has been able to improve its margins to secure a net realisation of about INR 5,000/t, slightly lower than expected, company officials informed at the quarterly investors’ call. Tata…