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Stressed assets: Tata Steel open to more acquisitions

Tuesday, November 6, 2018, 7:17 AM

Tata Steel said that it was open to further acquisition of stressed assets considering the increased demand of steel in the market. There is a consolidation going on in the steel business at present following a down cycle of the sector in the wake of which a lot of steel facilities were either forced to close down or operate at a lower capacity.

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