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Tata Steel Europe News
Tata Steel Europe
Tata Steel's joint venture with Thyssenkrupp hit by delay
Tue, Jun 12, 2018
Representatives from the Tata Steel Europe European Works Council (EWC), formed to address issues of transnational interest that significantly affect the Indian steel company's employees in Europe, said in a statement this week that they remained "unconvinced" and also found Thyssenkrupp's lack of engagement with them "deeply regrettable".
Workers remain sceptical about Thyssen-Tata steel deal
Fri, Oct 13, 2017
Thyssenkrupp and Tata Steel last month announced plans for a joint venture that would create Europe`s second-largest steelmaker after ArcelorMittal. There would be an initial 4,000 job cuts that workers fear will be the tip of the iceberg.
Thyssenkrupp steelworkers protest against Tata merger plan
Thu, May 04, 2017
Thousands of Thyssenkrupp steelworkers protested on Wednesday against the German industrial group`s plan to merge its European steel operations with those of India`s Tata Steel.
UK PM May says no meeting planned with Tata bosses during India trip
Mon, Nov 07, 2016
"I had hoped to be able to meet the key people from Tata while I was in India, sadly the schedules don`t allow for me to do that on this particular visit but there are regular contacts between the government and Tata Steel," May told reporters on the plane to India on Sunday, her first bilateral visit outside the EU since she took office in July.
European steel mills to remain under pressure from imports: Tata Steel
Tue, Sep 13, 2016
Hans Fischer, MD & CEO of Tata Steel in Europe, said, "Modest forecasted growth in European steel demand this year is still being undermined by increased imports which is leading to continued declines in domestic deliveries. That's why its vital we continue every effort to improve our competitiveness."
Tata Steel's net loss widened to Rs 3183 crore; Europe business declines by 12%
Mon, Sep 12, 2016
T V Narendran, Managing Director of Tata Steel said, " Seasonal headwinds and a slowdown in a large steel consuming sector like real estate affected steel demand in the quarter. While regulatory changes have supported stem the flood of imports, domestic supply has increased and added to the competitive pressure.
4800 jobs saved: Tata Steel sells European operations to Greybull Capital
Wed, Jun 01, 2016
‘All together the business employs 4,800 people – 4,400 in the UK and 400 in France, Tata Steel said.
Two groups emerge to buy Tata Steel Europe
Thu, May 05, 2016
Two groups signalled their interest in buying the British assets of Tata Steel on Tuesday, offering hope that thousands of jobs could be saved after weeks of uncertainty.
UK unveils financial support plan for Tata Steel buyer
Fri, Apr 22, 2016
Most of the financial support is expected to be through the provision of debt financing.