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Home Steel News Tata Steel seeks sources of raw materials outside China
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Tata Steel seeks sources of raw materials outside China

11 Mar 2020 14:18 reported by Vicky Wang

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According to foreign media reports, Tata Steel, the Indian steel producer, has decided to evaluate attempted to find some of the major steelmaking raw materials from Turkey and Pakistan to replace China's supply.

This decision was due to the new crown virus problem and trade disputed between China and the US, in order to avoid the risk of unexpected changes in China's supply chain.

Narendran, the chief executive officer and managing director of Tata Steel, said that although they did not rely on China as the steel raw material market, they did purchase some consumables from them.

At present, the company’s business has not been affected by the problem of the new crown virus, the supply was normal before April, but for Europe, only Italy was currently affected to a greater extent.

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