Limited Period Offer:Be a PRO for 1 month @Rs49/-Multiple payment options available. Know More
you are here: HomeNewsBusiness

Tata Steel supplying 300 tonnes oxygen per day for COVID treatment: CEO T V Narendran

"We are supplying 200-300 tonnes of oxygen per day to hospitals in and across Jharkhand, as well as we have started supply to Uttar Pradesh, Bihar, Odisha from our plant...some is going to West Bengal through Centre''s coordination," he said.

April 20, 2021 / 08:09 AM IST
Editorial credit: ArnavIG / Shutterstock.com

Editorial credit: ArnavIG / Shutterstock.com

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Tata Steel is supplying up to 300 tonnes medical oxygen from its plants to hospitals for the treatment of Covid-19 patients, the company''s CEO and Managing Director T V Narendran said.

He was speaking at a virtual session of 6th National Leadership Conclave organised by the All India Management Association (AIMA).

"We are supplying 200-300 tonnes of oxygen per day to hospitals in and across Jharkhand, as well as we have started supply to Uttar Pradesh, Bihar, Odisha from our plant...some is going to West Bengal through Centre''s coordination," he said.

On steel prices, Narendran said it will remain higher and may be higher than what prices were in the last decade.

While hot-rolled coil (HRC) in India is trading at around Rs 58,000 per tonne in April, the international steel prices are hovering around USD 735-740 per tonne since April 1, 2021.

Close

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

Both domestic as well as international prices are 50 per cent higher compared to a year-ago period.

"We should not get over excited with steel prices of today...we expect steel prices over the next decade to be higher than the steel prices in last decade and I do believe the steel prices in the next decade will be higher than what was in the last decade," he said.
PTI
first published: Apr 20, 2021 08:10 am

stay updated

Get Daily News on your Browser
Sections