'Tata Steel can unlock a lot of value with less capital downstream': CEO & MD T V Narendran
· economictimes.indiatimes.com
Tata Steel executives emphasize value-added products over mere production capacity. Changing market dynamics necessitate a focus on downstream opportunities for greater value. Expensive iron ore impacts cost structures, shifting strategic priorities for steel companies. Export markets are becoming more challenging due to protectionist policies and competition. The company is phasing growth and investing in value-added segments to capture market premiums.
A certain section of industry is looking at adding capacities while another wants to focus on value. What is Tata Steel's stance?
How does cost impact these de...