Tata Steel on Steel Consumption, Demand in India, China

Mr. Narendra discusses the importance of climate change and transition finance, highlighting the need for funds to flow from the global North to South. He analyzes the steel industry's demand in India and China, noting India's strong performance and China's export pressures. The European market faces challenges, but cost pressures have eased. Progress is being made in negotiations with the British government. The company plans to double its capacity in India, focusing on green technologies and recycling. Debt reduction is a priority, with a focus on the Indian market for growth.

What are the expectations for the European market in terms of recovery and demand?

How does the company plan to achieve its objective of doubling capacity in India?

What is the significance of gas availability for the steelmaking process in Eastern India?