Policy support key for Tata Steel UK: CFO

Wait 5 sec.

While losses narrowed year-on-year in the UK operations in the September quarter, the performance trailed the management's guidance. Back in 2024, Tata had said these operations would turn profitable at an operating level in FY25. Tata Steel is working on slashing costs. It is also engaging with the British government on policy-related issues as imports in certain product segments are higher than even the total consumption in the country.