Tata Steel CEO Warns of Price Decline Impact (Communities - News & Events)
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Item ID 3097132 in Category: Communities - News & Events
Tata Steel CEO Warns of Price Decline Impact | |
Steel companies have been facing challenges due to a sharp decline in prices and a slowdown in demand. This situation arises as imports have been steadily rising, eroding the market share of Indian companies and exerting pressure on prices. TV Narendran, Managing Director & CEO of Tata Steel, shared his insights with Businessline on what lies ahead. Below are excerpts from the interview: **Do you expect steel demand to slow down in the coming days?** Steel demand has remained strong and continues to grow at 8-9%, which aligns with the expected GDP growth of 6.5-7%. However, there has been a slight slowdown in the automobile sector in recent months, though the motorcycle segment remains strong, indicating a recovery in the rural economy.  | |
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| Target State: Haryana Target City : Gurugram Last Update : 17 February 2025 3:41 PM Number of Views: 17 | Item Owner : TheceoDialogs Contact Email: Contact Phone: 9315895421 |
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2025-02-23 (0.386 sec)