No better story than steel in reviving private capex: Tata Steel MD & CEO

In India, we expect the EBITDA per tonne to be a little lower though the spreads have improved a bit because it's a quarter where we have a lot of shutdowns, said TV Narendran

Tata Steel has a lot on its plate -- restructuring the business in the United Kingdom, expanding capacity back home, and keeping an eye on the balance sheet. In a video interview with Ishita Ayan Dutt, Tata Steel Managing Director and Chief Executive Officer T V Narendran discusses a wide range of issues. Edited excerpts:

Steel spot spreads have improved and the blast furnace relining in the Netherlands, which was dragging the performance, is complete. Do you expect a better Q1?

The blast furnace in the Netherlands went on stream only in the first week of February. So