In September, Tata Steel India successfully commissioned India’s largest blast furnace at Kalinganagar, which is expected to increase crude steel capacity to 26.6 million tons per annum.
The newly inaugurated plant will help Tata Steel enhance the plant’s overall production capabilities along with fulfilling the growing demand of various industries, including automotive, infrastructure, power, and shipbuilding, it said.
Citi Research said it projects TSL Netherlands to report an Ebitda per ton of $7 compared to $37 in the first quarter, while UK’s loss may expand to $300 per ton from negative $169.
