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Friday, February 7, 2020

Slowdown Impact: Tata Steel Q3 net loss at Rs 1,229 crore on weak demand

Slowdown Impact: Tata Steel Q3 net loss at Rs 1,229 crore on weak demand
TV Narendran, CEO and MD of Tata Steel, said: “the European operations made a loss (in Q3FY20) as it felt the brunt of the overall slowdown and the consequent shrinking of spreads. This adversely affected our consolidated performance.”

Source: TFE