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Tata Steel: Corus may operate at 100 pct by March

Wed Nov 4, 2009 1:20am EST

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NEW DELHI, Nov 4 (Reuters) - India's Tata Steel Ltd (TISC.BO), the world's eighth-largest steel maker, expects its European unit Corus to be operating at full capacity by the end of the fiscal year in March, a top official said on Wednesday.

Corus, Europe's second-largest steelmaker, operated at 80 percent capacity in October, Vice Chairman B. Muthuraman told reporters at an industry conference.

"We expect to step it up by next month," he said. (Reporting by C.J. Kuncheria; Editing by John Mair)



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