India’s Tata Steel Company Has Fully Resumed Production
According to Indian media, due to the gradual recovery of steel demand in the Indian domestic market, Tata Steel has resumed production.
T.V. Narendran, general manager of Tata Steel, said that India’s steel demand rebounded in the second quarter driven by some positive factors. At present, the demand for steel from the company’s automotive sector and home appliance manufacturers has increased.
It was previously reported that due to the restrictions on the prevention and control of the COVID19 epidemic, Tata Steel and other stainless steel pipe fittings supplier in India had to suspend up to 50% of their production capacity in April this year.
Tata Steel’s capacity in India (including Tata Steel’s BSL) exceeds 23 million tons/year of crude steel, 24 million tons/year of semi-finished billets, 12 million tons/year of hot rolled coils, 5.5 million tons/year of cold rolled coils, more than 1 million tons/year of coated products, 2.5 million tons/year of long products and 828,000 tons/year of stainless steel welded pipes.