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Steel prices will take time to stabilise: Tata Steel

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  • Published On: August 14, 2012
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Tata Steel's Q1 results have missed quarterly profit expectations, hit by weakening demand and prices in its main European market which offset a solid performance at home. Kaushik Chatterjee, CFO, Tata Steel told NDTV Profit that the company is witnessing a fall in the raw material prices. "Steel prices will take time to stabilise. We will do some re-financing in September 2012," he added.
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