ResultsEconomic Times
Tata Steel UK ops seen recovering from March quarter
Positive+67
GreyOak summary
Tata Steel expects its UK operations to recover from the March quarter as imported steel inventories ease. While the Netherlands business is set to perform better in the second half, India remains a bright spot. The company anticipates improved volumes and annual contract prices in the fourth quarter.
What it affects
- Tata SteelTATASTEELPositive +67
UK ops recovery expected after inventory flush.Rolling sentiment Positive +44
Source
Read the original at Economic TimesMore Tata Steel news
- Tata Steel expects UK business near break-even by Q4Financial Express · Results ·
- Tata Steel MD says India growth focus amid overseas hurdlesBusiness Standard · Company update ·
- Tata Steel targets ₹20,000 crore capex this yearBusinessLine · Company update ·
- Tata Steel targets 10m tonnes domestic iron ore salesMint · Company update ·
- HDFC Securities raises targets for Tata Steel and Divi's LabsNDTV Profit · Results ·