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Cost increase to soon hit everyone due to Ukraine crisis: Tata Steel MD

'Coking coal went up to $650 a tonne and iron ore crossed $150 a tonne. Not just that, all other elements that go into steelmaking have shot up. So have freight rates,' says T V Narendran

Topics
Tata Steel | Russia Ukraine Conflict | T V Narendran

Ishita Ayan Dutt  |  Kolkata 



T V Narendran, Tata Steel MD, Tata Steel CEO
T V Narendran, Tata Steel MD and CEO

The Russia-Ukraine crisis may lead to margin expansion in the immediate term for before the high cost of raw material sets in, said its top executive.

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First Published: Sat, March 12 2022. 18:28 IST

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