PTI reported that TATA Steel MD Mr HM Nerurkar said the steel sector in the country is doing well as compared to rest of the world despite the slowdown.
He added that the economic condition in European countries is still to look up.
Source:
http://www.steelguru.com/indian_news/Indian_steel_sector_doing_well_despite_slowdown_Mr_Nerurkar/296920.html