India’s Tata Steel on Friday posted a five-fold rise in third-quarter profit, boosted by strong volume growth in India and increasing steel prices. “Global steel prices have been buoyant with improved trade position in China along with cost push from raw materials,” Chief Executive Officer T V Narendran said.
Source: www.engineeringnews.co.za
India’s Tata Steel Q3 profit surges on volume growth
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