Tata Steel defers two greenfield projects

B MuthuramanLiquidity crisis and demand slowdown has forced Tata Steel, the country's largest steel maker, to put brakes on its greenfield projects in Jharkhand and Chhattisgarh. However, it will continue with its expansion plans at Jamshedpur and the construction of a 3-million tonne (MT) plant at Kalinganagar in Orissa, said Tata Steel Managing Director B Muthuraman.