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Tata Steel: Corus may operate at 100% by March

Reuters
Wednesday, November 4, 2009 12:30 IST
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New Delhi: Tata Steel Ltd, the world's eighth-largest steel maker, expects its European unit Corus to be operating at full capacity by the end of the fiscal year in March, a top official said on Wednesday.


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Corus, Europe's second-largest steelmaker, operated at 80% percent capacity in October, vice chairman B. Muthuraman told reporters at an industry conference.

"We expect to step it up by next month," he said.

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