Tata Steel is planning to sell its Long Products division, which employs 6,500 people in the UK and Europe. Indian-based Tata saidit had signed an agreement with Klesch Group, a company with headquarters in Geneva, which it hoped would lead to a sale.
The division includes operations in Scunthorpe and
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BEIJING: Top Indian steel manufacturing firms are eyeing Chinese technology and low-cost equipment as India’s steel capacity is expected to soar in the next 15 years, driven by growth in infrastructure construction in the the country. “We will need Chinese equipment and technology suppliers for our steel industry’s growth, since China has a mature steel…
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The outlook for the domestic steel industry looks bright, since India has good iron ore deposits, skilled man power and growing demand,says Seshagiri Rao , Director,Finance, JSW Steel. What is the outlook for the global and domestic steel industry ? The steel industry has undergone a few structural changes in the past 3-4 years. So,…
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In recent days there has been much speculation about the prospects of a ‘wages-prices spiral’ emerging in the UK economy. This has been fuelled by statements from the Bank of England and the Treasury, and data from IDS on the level of pay settlements has been used to support this. The IDS approach to analysing…
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