India's Tata Steel taps Australia, North America for coal

CEO says company needs to replace Russian cargoes after halting purchases

20221006 Hot steel

Red-hot steel plates pass through a press at a Tata Steel plant. The company and its rivals face soaring production costs.  © Reuters

DEV CHATTERJEE, Contributing writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.