18
Jul
14:04
Tata hiking India production share, UK plan unchanged
Tata Steel (TSL)’s Indian operations’ capacity expansion to 40 million tonnes/year by 2030 will see India take a 75% share in the firm’s overall production, up from 62% today.
The company announced its 40m t/y capacity target last month (see Kallanish passim). This week, TSL has clarified it plans to increase its flat steel segment capacity from 16m t/y to 27m t/y, longs from 5m t/y to 13m t/y and upstream capacity from 38m t/y of iron ore to 60-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous