India’s Tata Steel has not seen much impact due to the global “tariff war”, Chief Executive T.V. Narendran said on Thursday.
The company expects to complete the deal to buy Usha Martin within the next six months, he said, adding that the company’s debt to EBITDA ratio remains unchanged.Tata Steel keen on acquiring Bhushan Power for the price at which they bid, he said.
The company expects global steel prices to stabilise soon and sees steel imports from Turkey and Ukraine, Narendran said. Read More
Latest posts by Financial Express (see all)
- To improve national security, the government must develop mining - April 23, 2019
- SC bars banks from declaring Delhi Airport Metro Express debts as NPAs - April 23, 2019
- Earth Day: Saving the planet may cost USD 100 billion per year - April 22, 2019