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Bloomberg Quint

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Tata Steel Share Price Rises On Positive Operational Trends

  • Tata Steel's shares rose nearly 2% after positive operational trends were highlighted in their AGM.
  • The company reported a 5% year-on-year increase in consolidated deliveries and enhanced their domestic raw material position.
  • Investments in mining assets and expansion plans were confirmed, alongside cost reduction targets in Netherlands operations and positive Ebitda expectations in UK operations for 2026.
  • While steel margins remain under pressure due to high supply, Tata Steel expects coal prices to stay stable and spreads to remain constant.

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