Latest Concal:
Management:
Yes. So, our main competitor is Tata Steel. They have increased the capacity last year. Okay.
And they will also try to push bigger quantity.
No, first year, I will not, would not like to give any number on EBITDA from Chennai.
Because it’s a new plant, it will take some time to stabilize.
Very difficult to predict what China will do. We will have to look at government support to
whom fight with China because they supply without margin, they supply at a loss also. So, that is not a competition we can talk about. Otherwise, we are competitive with any other country,any other plant in the world other than China.
Tata Steel has capacity of 60 KT.
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