Tata Steel Says European Plans Unchanged

Mumbai: Tata Steel Ltd's plans for its European steel business are unchanged, company executives told analysts on Thursday.

In July, Tata Steel halted the sale process of its Port Talbot steel plant in Britain and decided to explore partnership opportunities.

Germany's ThyssenKrupp AG was one of the companies with whom partnership was being discussed.

Tata Steel officials told analysts that there were no concerns about the group's steel business stemming from the exit of former chairman Cyrus Mistry as boss of Tata Sons.