SSS 2020: Steel industry must do more to innovate, Tata Steel says

摘要

The steel industry must innovate further and look to other sectors for solutions, Tata Steel chief executive TV Narendran said during Fastmarkets’ Steel Success Strategies 2020 virtual conference on Wednesday October 28. Traditionally, the industry has been more focused on continuous improvement than on innovation, Narendran said, having pushed for efficiency improvements and incremental performance enhancement year-on-year. He cited production-led innovation drives in Europe in response to “very demanding customers there who are pushing us to innovate more and more.”