Tata Steel Ltd., India’s second-largest steel producer, is upbeat on prices as Chinese steel exports decline.
Chief Executive Officer TV Narendran spoke to Bloomberg News in an interview on the sidelines of the B20 Summit in New Delhi. Demand in India remains strong, though Europe will take until next year to pick up, Narendran said. He expects a decision from the UK government ‘in weeks’ on a proposal to fund the transition to greener steel production.