European Union imposes import duties on some Chinese steel to counter subsidies
The European Union has imposed provisional import duties of as much as 28.5 percent on certain Chinese corrosion-resistant steels after an eight-month investigation found that the products benefited from unfair subsidies.
Aug 10, 2017, 17:28 PM ISTTata Steel confirms 7 interested buyers for UK assets
All seven have been "immediately taken forward" to the next stage of the sale process, which involves inputs from the UK government, the firm said in a statement.
May 09, 2016, 21:49 PM ISTTata Steel appoints StanChart for UK unit sale
Tata Steel Europe said on Monday it had asked Standard Chartered to work as an adviser alongside KPMG to look for interested buyers. The bank has links with Tata Group in India and is expected to be tasked with finding possible suitors in Asia, especially among Chinese steel producers.
Apr 18, 2016, 22:02 PM ISTTata Steel Europe CEO Karl Koehler quits; CTO Hans Fischer to succeed
Koehler, who was appointed as CEO and Managing Director of Tata Steel Europe in October 1, 2010, will also step down as the member of the Tata Steel's Board of Directors.
Feb 24, 2016, 20:19 PM ISTTata Steel in talks to sell struggling UK assets
Tata Steel is in talks with investment firm Greybull Capital to sell its struggling Long Products Europe business in the UK, the Indian steel giant said Tuesday.
Dec 22, 2015, 21:17 PM IST
Tata Steel to write down Rs 6,500 cr in impairment charge
Tata Steel Thursday said it is likely to write down a total of Rs 6,500 crore for the 2014-15 fiscal mainly due to impairment of a unit in the UK, a part of its European operations and a coal project in Mozambique.
May 14, 2015, 22:46 PM IST