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Bloomberg Quint
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Tata Steel Netherlands' New Program Is A Positive Despite A Tough Macro Backdrop, Say Analysts
- Tata Steel Netherlands plans to embark on cost restructuring for its operations.
- The program aims to cut controllable costs by 15% and save €500 million during the fiscal year.
- The initiative includes decarbonization plans and transforming blast furnaces after 2030.
- Analysts expect the program to improve Tata Steel Netherlands' Ebitda per tonne.
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