Tata Steel's standalone Q3FY21 operating performance was strong; however, European operations financial performance was weak. Consolidated EBITDA jumped sharply to Rs97 bn (+171% YoY, +60% QoQ) led by strong improvement in standalone operations. However, Tata Steel Europe (TSE) reported a EBITDA loss at Rs3,436/tonne vs. loss of Rs2,036/tonne in Q2FY21. Tata Steel's net debt fell by Rs103 bn QoQ to Rs862 bn as it...