Brexit is Tata Steel's additional headache

Tata Steel UK operations’ capacity is 5.5 million tonnes a year and currently a loss maker. The Brexit last week has acted as a further spanner in Tata Steel’s efforts to get rid of......

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: On a long road to recovery

In May, a question mark hung over Tata Steel Europe’s future after it announced asset impairment of $1.6-billion (Rs 8,609 crore), the biggest by an Indian company. Steel demand in Europe......

ArcelorMittal eyes stake in Ferro Alloys Corp

ArcelorMittal, the world's largest steel maker, is eyeing another strategic buy in India. Six months after it bought equity in speciality steel producer Uttam Galva, the company is in talks with......