It plans to boost production of semi-finished steel slabs from 5m to 14m tonnes.
The company's directors gratefully handed off finished steel as payment.
The newest SPARC watch is the SPARC Sigma MGS. It will initially be offered in a black or satin finished steel case on a bracelet or high-grade rubber strap.
Tata, which mines all the iron ore and coal it needs, now aims to carry out primary steel production close to its iron-ore deposits, and then ship semi-finished steel for finishing close to foreign consumer markets.
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Beneath the bumper, the front end is finished by stainless-steel-style trim and integrated underbody protection.
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Made of forged stainless steel and finished with rich, polished walnut handles, they are also functionally tough.
Below the rear bumper, in the fascia, the exhaust is routed to the midline of the car and finished with a trapezoidal steel bezel.
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Aluminum Corp. of China and Jiangxi Copper each finished down 1.2%, and Angang Steel fell 0.5%.
And Chinese stocks all through the steel industry, from iron ore to finished goods, which were built up in the expectation of a bigger stimulus package than has yet materialised, are now being run down, amplifying the downward price swing.
In little more than a decade, the country has become by far the biggest producer in the world of every industrial commodity from steel to glass to cement, and the finished products it exports to other countries are gradually matching and surpassing the sophistication of items produced indigenously in those countries.
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Umasi, a collection of work by artist Wells Mason, blurs the line between sculpture and furniture, with man-made materials such as stainless steel and tempered glass colliding with organic (exquisitely finished woods) and even obviously salvaged materials (a telephone pole, recycled rubber, bicycle parts).
Best of all, the mini-mills have a natural hedge against a downturn in steel prices, because the price of scrap steel, their input, rises and falls with their finished product.
His iron and steel holding company Metinvest is feeling brunt of downturn with sales of finished products down by 50%.
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