Canada, Mexico steelmakers refuse new US orders
Trump this week signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1.
Tata Steel Ltd will use the $1.12 billion (‘5,030 crore) it earned from the sale of its 26.3% stake in Australia’s Riversdale Mining Ltd to fund the expansion of its steel-making capacity in Jamshedpur and Kalinganagar, as well as mining operations and capital expenditure in its European operations.
