* Insolvent Lucchini has recently begun idling capacity * Up to 4,000 Lucchini jobs are at risk * Pope Francis urges "creativity" in resolving its problems * Its facilities could be sold for a......
Tata Steel's arm here said it had got $130 million as final settlement from the consortium of global steel buyers which had prematurely terminated, in May 2009, a 10-year purchase contract.The......
Tata Steel on Tuesday announced that a tribunal had given a partial final award in its favour in an ongoing arbitration proceeding between its UK operations (formerly Corus) and a four-member group......
It is Tuesday afternoon. Probably the reason why the high streets in Redcar, Middlesbrough, show little signs of activity. Yet, the sight seems a sharp contrast to other larger cities in the UK......
Nearly 10,000 jobs are under threat as Tata Steel's European arm Corus is mulling closing of one of its mills in England after a group of buyers terminated a contract to buy the unit's 80 per cent......