Tata Steel Stock Up Despite Blast Furnace Closure, Job Cuts | Stock Market News

Tata Steel announced shutting down Port Talbot's blast furnaces for a green steel transition, impacting 2,800 jobs. The phased closure begins mid-2024, with £130 million allocated for affected employees. The stock rose despite potential job losses.

Updated on: January 20, 2024, 02.39 PM IST
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