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Tata Steel

Tata Steel to stop doing business with Russia

| @indiablooms | Apr 21, 2022, at 04:36 am

Tata Steel is going to stop doing business with Russia, the company said Wednesday, becoming the latest company to sever business ties with Russia after it attacked Ukraine, Reuters reported.

"Tata Steel does not have any operations or employees in Russia. We have taken a conscious decision to stop doing business with Russia," Tata Steel said in a statement.

All of the company's steel manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end its dependence on Russia, Tata Steel said.

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