Tata Steel: Corus may operate at 100 pct by March
NEW DELHI, Nov 4 (Reuters) - India's Tata Steel Ltd (TISC.BO: Quote, Profile, Research), the world's eighth-largest steel maker, expects its European unit Corus to be operating at full capacity by the end of the fiscal year in March, a top official said on Wednesday.
Corus, Europe's second-largest steelmaker, operated at 80 percent capacity in October, Vice Chairman B. Muthuraman told reporters at an industry conference.
"We expect to step it up by next month," he said. (Reporting by C.J. Kuncheria; Editing by John Mair)
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
India
US
UK
