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via livemint.comBusiness & Companies

Tata Steel targets 10 million tonnes of domestic iron ore sales this year

FROM THE WIRE · LIVEMINT.COM

The steelmaker is monetizing surplus mining capacity while testing imported ore blends ahead of 2030 mine expirations and targeting up to ₹10,000 crore in annual India cost savings.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralPlan to monetise surplus mines and cut costs, relevant for the steel group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tata Steel targets 10 million tonnes of domestic iron ore sales this year.
  2. 02The group is testing imported ore blends ahead of 2030 mine expirations.
  3. 03The target includes annual cost savings in India of up to ₹10,000 crore.

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