Tata Steel Ltd (TISC.BO)
24 Nov 2015
MUMBAI Jindal Steel and Power Ltd said it plans to cut costs and divest some non-core assets, as it swung to a second-quarter loss due to a drop in iron and steel sales and a one-time charge linked to an overseas unit.
LONDON Hundreds of steelworkers marched through Scunthorpe in northeast England on Tuesday to protest against Tata Steel's planned job cuts and restructuring, calling on the government to do more to help the beleaguered steel sector.
LONDON, Nov 10 Hundreds of steelworkers marched through Scunthorpe in northeast England on Tuesday to protest against Tata Steel's planned job cuts and restructuring, calling on the government to do more to help the beleaguered steel sector.
LONDON Tata Steel, Europe's second-largest steel producer, has written to its suppliers asking for an immediate 10 percent reduction in their prices and demanding deeper cuts over the longer term, a British newspaper reported on Sunday.
MUMBAI Tata Steel Ltd, Europe's second-largest steel producer, said on Thursday it will press ahead with cost cuts and restructuring to cope with a surge in cheap Chinese exports to Europe and India, its two key markets.
* Cheap Chinese steel exports, price drops, hurt Tata (Adds details, quotes, shares)
MUMBAI, Nov 5 India's Tata Steel Ltd reported a surprise 22 percent rise in its quarterly consolidated net profit, as one-time gains during the quarter helped offset cheaper imports in India and Europe from the world's top steel producer China.
LONDON, Oct 20 China is the main country behind a global oversupply of steel, Britain's business minister Sajid Javid said on Tuesday, responding to the possible loss of 1,200 jobs at Tata Steel.
LONDON Tata Steel, the biggest steelmaker in Britain, may cut about 1,200 jobs as part of plans to restructure its struggling operations, it said on Tuesday.
LONDON, Oct 20 Tata Steel, the biggest steelmaker in Britain, may cut about 1,200 jobs as part of plans to restructure its struggling operations, it said on Tuesday.
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