![Tata Steel in massive debt reduction, cuts ₹50,000 crore in 2 years](https://images.assettype.com/fortuneindia%2F2022-07%2Ff84c0dc7-ff3c-4df5-a829-b2b35cc2abf5%2FSteel.jpg?w=300&q=95)
Tata Steel in massive debt reduction, cuts ₹50,000 crore in 2 years
The steelmaker’s debt came down to ₹54,504 crore in June this year, from ₹104,692 crore two years back.
The steelmaker’s debt came down to ₹54,504 crore in June this year, from ₹104,692 crore two years back.
Tata Steel Europe's EBITDA per tonne of steel has shot up nearly four times to ₹18,135 in January-March quarter of 2022.
The steelmakers say they are unwilling to make any more concessions to appease the European antitrust regulator.