India's Tata Steel says 2,045 Europe jobs at risk

MUMBAI, June 25 (Reuters) - India's Tata Steel Ltd (TISC.BO), the world's sixth-largest steel maker, on Thursday said 2,045 jobs in European operations were at risk due to a fall in steel demand in Europe and America.

It said in a statement its Corus unit was opening consultations on the jobs, which are at its facilities in the UK, Netherlands and Scotland.

Tata Steel, which earlier reported a lower-than-expected consolidated net profit for the year to March, said it had strong liquidity and no material repayment or refinancing in the next 12 months.

It said its cash and cash equivalents stood at $2.1 billion on June 20 and it had an undrawn bank facility of $1.3 billion. (Reporting by Narayanan Somasundaram; Editing by John Mair)