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Tata Steel to focus on upping long product business going ahead

We have enough flat downstream capacity at present, says Narendran

Chief executive officer and managing director of Tata Steel T V Narendran
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Chief executive officer and managing director of Tata Steel T V Narendran

Aditi Divekar Mumbai
With a sizeable footprint in the high-margin flat steel business, going ahead, Tata Steel, the country’s oldest steel producer, will be focusing more on its long products business.

"Between the existing three plants, we have enough flat downstream capacity at present. In long products, however, we are a bit short with just about three million and another one million that we acquired via Usha Martin. Therefore, our focus going forward will be more on long products," informed T V Narendran, chief executive officer and managing director. He was speaking here on the sidelines of the September quarter earnings conference.

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