Tata writes down European assets
Source: BBC
Scunthorpe :: United Kingdom | updated 2013-05-23 23:46:14 -0700 | business-news
Tata Steel writes down value of European assets The Scunthorpe steelworks were bought as part of Tata's purchase of Corus India's Tata Steel, one of the world's biggest steelmakers, has announced a $1.6bn (£1bn; 1.34bn euros) writedown on the value...
Indian steelmaker Tata Steel closed 1,500 jobs in the UK
Posted by: karasiwo
Scunthorpe :: United Kingdom | updated 2012-07-28 00:17:23 -0700 | business-news
The Indian steel company Tata Steel closed 1,500 jobs at two plants in the UK, It is believed that the Indian steel giant cut 1,200 jobs in Scunthorpe and 300 inTeesside, both in the north of England, its Long Products...
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