Tata Steel Is 'Quite Positive' on Demand, CEO Says

Tata Steel Is 'Quite Positive' on Demand, CEO Says

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Business

University

Hard

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The transcript discusses Tata Steel's financial strategies, including debt reduction and capacity expansion in India. It covers the company's plans for Southeast Asia, the impact of Chinese steel production cuts, and the outlook for European operations. The discussion also touches on global steel demand amid economic recovery efforts.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Tata Steel's annual debt reduction target?

$3 billion

$500 million

$1 billion

$2 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year does Tata Steel plan to double its Indian steel capacity to 40 million tons?

2030

2025

2040

2035

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business segment is Tata Steel focusing on for potential acquisitions?

Raw Materials

Finished Goods

Long Products

Flat Products

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Tata Steel's decision regarding its Southeast Asia business?

Expand it

Integrate it

Close it

Sell it

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have reduced Chinese steel exports affected global steel prices?

Stabilized prices

No effect

Increased prices

Decreased prices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What restructuring step has Tata Steel taken in its European operations?

Merged Dutch and UK businesses

Separated Dutch and UK businesses

Sold Dutch business

Closed UK business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of global infrastructure spending on steel demand?

Fluctuating demand

No change in demand

Decrease in demand

Increase in demand