Tata Steel Ltd.

Tata Steel is expecting the total demand for steel to grow by 5.5% to around 75 million tonnes in the current fiscal as against 71 million tonnes in 2011-2012. Buoyed by economic growth fuelled by reforms announced by the government the company envisages the demand growth rate at around 7%. Although company expects a negative growth from Europe this year, it is expecting a modest two and a half per cent growth from Europe in next fiscal.

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.