Tata Steel ex­pects de­mand re­vival in Europe

Hindustan Times (Patna) - - FRONT PAGE -

NEW DELHI: Tata Steel, which has in­curred huge losses in the re­cent quar­ters largely due to weak de­mand, ex­pects all its units, in­clud­ing the Euro­pean one, to reg­is­ter growth in 2013-14. “In Europe, we ex­pect a mod­est 2½% growth against the back­drop of a neg­a­tive growth this year,” man­ag­ing di­rec­tor HM Nerurkar said on Sun­day.

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