Corus may operate at 100% by March: Tata Steel

Published on Wed, Nov 04, 2009 at 12:32 |  Source : Reuters

Updated at Wed, Nov 04, 2009 at 12:37  

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Corus may operate at 100% by March: Tata Steel

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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.

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

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

(Reporting by C.J. Kuncheria; Editing by John Mair)

  

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