Tata Steel has decided to stop doing business with Russia amid the ongoing conflict with Ukraine. Tata Steel does not have any operations or employees in Russia. The company has taken a conscious decision to stop doing business with Russia.
To ensure business continuity, the company's all steel manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end its dependence on Russia. India-headquartered Tata Steel sourced a limited amount of coal from Russia for its operations across geographies.
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.
