MUMBAI -- India's Tata Steel is ramping up purchases of Australian and North American coal after halting imports from Russia in the wake of the Ukraine war, the head of the company told Nikkei Asia.
CEO says company needs to replace Russian cargoes after halting purchases
Red-hot steel plates pass through a press at a Tata Steel plant. The company and its rivals face soaring production costs. © Reuters
MUMBAI -- India's Tata Steel is ramping up purchases of Australian and North American coal after halting imports from Russia in the wake of the Ukraine war, the head of the company told Nikkei Asia.