In the wake of coronavirus outbreak in the neighbouring country, Tata Steel, which has been sourcing consumables from China, has started placing orders for materials in alternative markets like Brazil and Turkey even price is higher in these markets. The company has already carried out a risk assessment and is comfortable till April, 2020.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.
