Tata Steel's India operations and deliveries had no direct sales exposure to US amid worries over the impact of Donald Trump's tariff policies.
The company's US volume exposure stands at 1,000–2,000 tonnes of duct and galvanized wires and at 10,000–15,000 tonnes in select specialty steel products.
The aggregate volume exposure to the US stands below 0.1% of deliveries in the last financial year.
Tata Steel Netherlands operations have downstream subsidiaries in the US and also have a modest exposure to the world's largest economy.