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Tata Steel plans to sell UK operations

Even under these adverse market conditions, the Tata Steel Group has extended substantial financial support to the UK business and suffered asset impairment of more than 2 billion pounds in the......

Tata Steel to axe 1,050 UK jobs in global steel crisis fallout

European Union steel prices hit their lowest since 2004 Britain's largest steelmaker Tata Steel Ltd <KTISC.NS> said on Monday that it would cut 1,050 UK jobs, in another blow for an industry......

Tata Steel to cut around 1,200 jobs in Europe

The UK steel industry is struggling for survival in the face of extremely challenging market conditions.  Tata Steel will cut around 1,200 jobs in Europe, with the UK being the worst hit,......

Tata Steel in talks to sell European units

Tata Steel on Wednesday signed a memorandum of understanding with the Geneva-based Klesch group for the potential sale of its long products business in Europe and associated distribution......

Tata Steel Europe announces restructuring, to cut 500 jobs

Amid a prolonged downturn in demand for some of its key products, Tata Steel Europe on Tuesday announced major restructuring proposals to boost its competitiveness that could lead to the loss of......

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