China exported 8 million tons of steel products monthly in 2023, the highest level since 2015, reflecting a major impact on the global steel trade.
Narendran also said that the company is preparing for mining tenders in 2030 to increase its competitiveness. The strategic importance of mines can strengthen its competitive advantage in access to raw material resources. This is in line with Tata Steel's long-term goals of sustainable growth and a strong position in the international arena.
In an increasingly competitive environment in the steel industry, these strategic steps to increase production capacity and secure raw material resources could be an important strategy to strengthen the company's presence in the international market and respond to dynamic global demand.
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