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Global Business News

The Economic Times

Global Business / The Economic Times

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Value addition key for Tata Steel as prices fall and costs increase

Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are rising. The company expects domestic realisations to decrease in the September quarter. Tata Steel is increasing its focus on value-added products and expanding its NINL facility. This strategic shift aims to strengthen its position in high-margin segments.

3 Aug 2026 1:48 am