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Rediff.com  »  News  »   Port Talbot

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Banksy gifts Welsh steel town a Christmas attraction

 Banksy fans are flocking to the Welsh town of Port Talbot to see a new mural by the elusive British street artist depicting a child covered in snow that is in fact ash from a burning bin. Now metal......

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

 The Labour government in the UK has cleared the decks for a £500 million grant to Tata Steel, paving the way for decarbonisation of the company’s British business and a sustainable......

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

 More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Photograph: Phil Noble/Reuters Of the total job cuts, 2,500......

Liberty to bid for Tata Steel units, Port Talbot sale on ice

 UK's largest union Unite warned Tata against ducking its promises and conducting a 'fire sale' of its specialty steel business Liberty House Group plans to bid for two units of Tata Steel's......

Domestic expansion, Europe recovery to drive growth for Tata Steel

 There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. Photograph: Andrew Yates/Reuters A combination of......

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

 Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across......

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