PTI reported that Mr B Muthuraman MD of TATA Steel sees no chance of demand picking up in India in the immediate quarter.
Mr Muthuraman told that "In the immediate quarter, I see demand continuing to be weak in India, but there will be some positives than the October to December quarter.”
He also said that "Price will remain in the current level.”
He added that TATA Steel aims to produce close to 1.5 million tonne of steel in the January to March quarter.