Tata Steel looks for limestone import from Vietnam

Kolkata: Tata Steel, which recently lost a bid to take over Vietnam''s Vinausteel and SSE Steel, is exploring the possibilities of importing limestone from that country for its steel plants. They are eyeing at the possibilities of importing quality limestone from Vietnam, which will help bring down the freight cost of the raw material as the country is close to India. Currently, Tata Steel imports limestone, which is used in the steel-making process, from West Asia. The company is also looking at taking over iron ore and coal mines overseas to feed its growing demand for raw materials to expand its steel-making capacity. Tata Steel has limestone mines in Madhya Pradesh.