Friday 6 May 2016
 
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Tata Steel

Tata Steel sells UK plant to Greybull Capital

India's Tata Steel agreed to sell part of its British business to investment firm Greybull Capital on Monday, preventing thousands of job losses, and freeing it up to focus on the sale of its other big plant, in Wales. The Bri

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India's Tata Steel puts British business up for sale

India's Tata Steel, Britain's largest steelmaker, put its entire UK business up for sale to stem heavy losses, a move that would draw a line under its almost decade-long foray into Britain's declining steel industry. A

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Tata Steel in talks to sell UK unit to Greybull

Tata Steel is in talks to sell its struggling British-based unit to investment firm Greybull Capital, the two firms said in a statement on Tuesday. Britain's largest steelmaker has been trying to sell its long products unit, w

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Tata Steel partners with IDC in the Middle East

India-based Tata Steel has strengthened its links in the Middle East through the formation of a partnership with International Development Company (IDC) in the region. IDC was established in 1978 in the UAE to supply equipment int

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Tata Steel partners with IDC in the Middle East

India-based Tata Steel has strengthened its links in the Middle East through the formation of a partnership with International Development Company (IDC) in the region. IDC was established in 1978 in the UAE to supply equipment int

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UK steel sector signficantly worse: Tata Steel

Tata Steel, Europe's second-largest steel producer, said on Thursday market conditions in Britain had "significantly worsened" during its second quarter due to a slump in prices and more cheap Chinese imports. Tata S

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Tata Steel to cut 1,200 jobs at Scunthorpe

Tata Steel, the biggest steelmaker in Britain, is expected to cut around 1,200 jobs at its Scunthorpe plant, a union source said on Friday as the government convened a crisis summit on the sector. Scunthorpe, which produces steel

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Tata Steel wins major contract in North Sea project

India-based Tata Steel has been awarded a multi-million pound contract for the Maersk Culzean project located in the UK central North Sea – one of the largest discoveries in the region in the last 10 years. The company will

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Tata Steel may cut up to 720 jobs in Britain

Tata Steel, Britain's largest steelmaker, may cut up to 720 UK jobs in a revamp of its speciality and bar business, which has been hit by cheap imports and high energy costs, it said on Thursday. Most of the jobs at risk are a

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Tata Steel UK workers set for major strike

Tata Steel UK's biggest trade union voted on Friday to go on strike, setting the scene for the biggest labour action in the British steel sector in three decades. Members of the trade union Community voted 88 per cent in favou

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