Tag: Tata Sponge Acquires Steel Business of Usha Martin
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India: Tata Sponge Acquires Steel Business of Usha Martin
Tata Sponge Iron Limited a subsidiary company of Tata Steel Limited has completed the acquisition of steel business of Usha Martin. The meeting was organised yesterday between the senior managers of both the companies. Tata Sponge has an installed capacity of 390,000 TPA of sponge iron and operates at 112% of its rated capacity and…