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MOTHBALLED TATA
Indian-origin steel tycoon Sanjeev Gupta revives mothballed Tata unit in UKThe move, which will see red hot strands of steel being produced at the unit once again, has the potential to create 150 new jobs over the ...- Inability to find a quick buyer may make Tata Steel’s UK exit difficult“The market is enthused by the possibility of the exit of Tata Steel from UK’s unprofitable assets. However, finding a buyer is unlikely to...
- 5 key takeaways from Tata Steel's Q3 resultsTata Steel reported worse-than-expected third quarter performance on Thursday, as competition from Chinese imports continued to drive down ...
- Tata Steel's workers in Scotland get new packageA number of key employees at Tata Steel's two Scottish plants on the verge of closure will be retained on a 60 per cent salary as part of a...
- Tata Steel workers march to save Scottish plantsTata Steel workers from two of the the Indian steel giant's Scottish plants set to be mothballed today took out a march in an attempt to sa...
- Tata Steel to mothball Wales plant, cut 250 jobsTata Steel is planning to mothball one of its plants in Wales in the UK to focus on manufacturing higher-value products, a move that could ...
- Tata Steel turns to loss in December quarter on weak European demandTata Steel swung to an unexpected loss in its third quarter after raw material costs gained & demand waned in Europe, its largest market.
- Tata Steel to infuse 400 mn pounds; slash 1,500 jobs in UKThe steel unit mainly manufacturing long products for construction biz, has been making losses over past 2 years due to sluggish demand.
- Tata Steel in talks with Thai based SSI for TCP saleTata Steel is in advanced talks with Thailand’s Sahaviriya Steel Industries for the sale of it’s UK based Teesside plant, two sources with ...
- Corus gets bid for Teesside plant: ReportA group of two entrepreneurs and private equity firm Rutland Partners have submitted a bid to purchase the Corus-owned Teesside Cast Produc...
- Tatas scout for ally to revive Corus unitCorus has been considering various options, including bringing in a strategic partner, because the workforce has been opposing the move to ...
- Corus gets 14 days to find buyers for Teesside unitFour trade unions at Corus have joined hands and have asked the management to find a buyer for its Teesside Cast Products (TCP) and save 1,...
- Corus' TCP mills come to halt, renders 1,600 workers joblessWork at Teesside Cast Product site of the Tatas-Corus steel plant in Redcar came to a halt on Friday. Tata Steel profit falls 42% | Steel p...
- Suitors seen lining up for Tata Corus' Teesside plantInvestor and venture capitalist John Moulton seen among suitors with offers to buy out the plant located in north-eastern UK. Tips for an e...
- ‘Tata Steel will have to look at our interests’Tatasteel’s plan to mothball the Teesside plant of Corus in the UK is facing more resistance with the British Prime Minister too stepping i...
- Tata Steel to partially suspend Teesside plant by end-weekTata Steel Europe (formerly Corus), has said that it would partially mothball or suspend production at its Teesside Cast Product Plant (TCP...
- Tata Corus won't shut UK plant, to save 120 jobsTata Steel's European arm Corus has decided not to shut down one of the mills at its Teesside Cast Products (TCP) plant, saving as many as ...
- 'We have not yet been contacted by UK govt on Teeside plants'Tata Group on Tuesday said the British government has not yet contacted it on the possible options to avoid closure of Corus steel plants i...
- Steelmaker Corus to cut 1,700 jobs in BritainIndian-owned steelmaker Corus said it was cutting 1,700 jobs at a plant in northern England. World's best place for expats | Most expensive...
- Corus may be forced to close Teeside plantTata Steel’s UK arm Corus has said it may be forced to shut down operations at its Teeside plant in northeast England.
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