Port Talbot

Unions back Tata Steel pension plan

UK Steel workers' unions have given their backing to Indian conglomerate Tata Steel UK's pension plan in a bid to rescue thousands of jobs and allow a merger with German major ThyssenKrupp to go ahead.

Jan 27, 2017, 15:03 PM IST

Tata Steel offers to pay millions for pension scheme revamp

Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its Eu

Jan 13, 2017, 14:49 PM IST

Tata planning to keep UK Port Talbot plant operational: report

Indian steel giant Tata Steel is planning to keep its Port Talbot plant in South Wales, the UK's biggest steelworks, fully operational, a media report said today.

Dec 06, 2016, 18:11 PM IST

Liberty to bid for Tata Steel units, Port Talbot sale on ice: Source

Liberty House Group plans to bid for two units of Tata Steel`s British business - specialty steels and pipeline tubes - which operate independently of its Port Talbot plant and related assets that were put up for sale earlier this year, an industry source told Reuters. 

Jul 07, 2016, 21:37 PM IST

Tata steel closure would tear hole in UK manufacturing supply chain

The closure of Tata Steel`s operations in Britain would leave a hole in manufacturers` supply chains, dealing a blow to thousands of smaller firms across the country and creating a logistical headache for the car industry

Apr 03, 2016, 17:26 PM IST

Cameron defends UK blocking higher EU tariffs on Chinese steel

Prime Minister David Cameron has defended UK's decision to reject higher EU tariffs on Chinese steel even as the Business Secretary faced angry Tata Steel workers whose livelihoods have been undermined by cut-price imports at Britain's biggest steel plant in Port Talbot.

Apr 02, 2016, 16:03 PM IST

UK 'doing everything it can' to help steel industry: David Cameron

British Prime Minister David Cameron today assured the nation that his government is "doing everything it can" to save thousands of jobs in the crisis-hit steel industry but warned there were "no guarantees of success" after India's steel giant Tata Steel decided to sell its loss-making UK businesses

Mar 31, 2016, 18:19 PM IST

Tata to decide fate of its two UK steel plants this week

At least 18,000 jobs in the UK may become redundant if Tata Steel decide to ditch two of their loss making plants at a board meeting on Tuesday

Mar 27, 2016, 20:30 PM IST