INSUBCONTINENT EXCLUSIVE:
Tata Steel is looking at alternative markets for coal imports as Russia-Ukraine war rages onKolkata: Amid the ongoing Russia-Ukraine
conflict, Tata Steel Limited is looking at alternative markets for coal imports as uncertainty prevails with its Russian suppliers and
bankers.Tata Steel's managing director T V Narendran said on the sidelines of an industry event in Kolkata on Saturday, that the
geopolitical situation after Russia's invasion of Ukraine has also opened up steel export opportunities in Europe, following a supply vacuum
of 45 million tonnes for the metal left by Russia and Ukraine in the continent.Therefore he informed that Tata Steel will look at
alternative markets for coal imports to de-risk
cent of its coal requirements from Russia for use in pulverised coal injection, he said.Pulverised coal injection (PCI) is a process that
involves injecting large volumes of fine coal particles into a blast furnace."For our Europe operations, we have to buy more from North
look at exporting more to southern Europe, as compared to Asian markets for better margins, he added.Exports from Tata Steel Europe could