Tata Steel delivered a strong performance, driven by higher deliveries in India and the Netherlands. Margins and profitability saw a significant improvement owing to cost reduction measures. The Indian business is expected to remain supportive, with volumes likely to improve owing to the ramp-up of the Kalinganagar facility. Meanwhile, the Netherlands business is well-positioned to capitalise on the European Union steel policy, which is expected to aid the overall performance. The proposed divestment of the ferro alloys plant and the acquisition of the remaining 50% stake in Tata BlueScope Steel Private Limited are in line with the company's long-term growth strategy. Additionally, the implementation of safeguard duties...