Tata Steel in talks with a Thai company
Indian private steel producer
Tata Steel is reportedly in acquisition talks with a Thai steel producer.
Sources report that the talks are at an initial stage yet; however the acquisition will be clarified in a month's time.
As reported by SteelOrbis early this month,
Tata Steel announced plans to acquire plants abroad under the framework of its expansion plan.
Tata Steel, which currently produces 5 million tons of steel products annually, aims to increase its steel
production to more than 20 million tons over the next 10-12 years.