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Tata Steel expects UK business near break-even by Q4

Positive+33

GreyOak summary

Tata Steel MD TV Narendran stated the UK business is expected to move close to break-even by Q4 after reducing fixed costs. The company anticipates improved Indian steel demand in the second half of FY27 and rising domestic prices.

What it affects

  • Expects UK business near break-even by Q4.Rolling sentiment Positive +42

Source

Read the original at Financial Express

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