After Tata Steel’s big losses, shareholders could ask if it’s time to sell Corus

[ad_1] Tata Steel’s substantial net loss of ₹12,560 crore in the second quarter of fiscal 2024, mainly attributed to the restructuring efforts in its UK and mainland Europe steel operations,…

Tata Steel posts ₹6,511 cr loss on Port Talbot impairment charge

[ad_1] New Delhi: Tata Steel Ltd on Monday swung to its highest quarterly loss in two fiscal years after it booked a ₹6,358 crore impairment charge related to a decarbonization…

Sir Keir Starmer vows to put party politics aside to make UK a leader in steel

[ad_1] Sir Keir Starmer vows to put party politics aside to make UK a leader …  Evening Standard [ad_2] Source link

Labour promises UK steel industry will be ‘backed not abandoned’

[ad_1] Labour promises UK steel industry will be ‘backed not abandoned’  Evening Standard [ad_2] Source link

UK will not follow Biden’s ‘subsidy bowl’ economic policy – Hunt

[ad_1] T he Government’s £500 million intervention into Britain’s biggest steelworks is not a sign that ministers are set to follow Joe Biden’s “subsidy bowl” economic policy, the Chancellor has…

Tata Steel CEO confirms ongoing talks with UK govt for financial package

[ad_1] Tata Steel’s CEO, T V Narendran, stated that the company is continuing its pursuit of a financial package from the UK government, in response to a question about their…