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CFO Leaders: Steel Is ‘Toys For Big Boys’ – Koushik Chatterjee

Tata Steel’s Koushik Chatterjee says the commodity cycle volatility teaches you to be calm at all times.

A worker supervises the flow of hot liquid metal as it flows from ablast furnace during the iron smelting process. (Photographer: Krisztian Bocsi/Bloomberg)
A worker supervises the flow of hot liquid metal as it flows from ablast furnace during the iron smelting process. (Photographer: Krisztian Bocsi/Bloomberg)
Koushik Chatterjee led Tata Steel Ltd.’s first overseas acquisition — the purchase of NatSteel Asia in 2004. Then came the Thailand one. Then the big one in Europe, evangelised by Ratan Tata himself. A $12-billion takeover of Corus, corporate India’s largest overseas acquisition to date. Soon enough Tata Steel had 4-million-tonnes-per-annum capacity in India and 18 outside.But, while India’s premier steel company was out shopping the...
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