Tata Steel is heading into the first quarter of FY27 with improving price realisations across all three of its major geographies, India, the United Kingdom, and the Netherlands, even as rising input costs from the West Asia crisis continue to squeeze margins across the global steel industry.
Speaking to ET Now, CEO and MD TV Narendran outlined a cautiously optimistic outlook, underpinned by volume growth in India, a healthier pricing environment in Europe, and the long-awaited policy support finally arriving for the UK business in March.