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LONDON/BENGALURU (Reuters) - Tata Steel said on Tuesday it had agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum ...
Tata Steel has said it will invest 7 million pounds ($11.4 million) in its European unit to enhance welding and material handling capabilities of its mill in Hartlepool in the U.K.
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TATA Steel is to sell two of its Hartlepool pipe mills, but will retain the third, the board of the Indian-based steelmaker announced tonight. The 84 and 42-inch mills will be put on the market ...
Tata Steel said it is investing GBP2 million in its U.K.-based Hartlepool tube plant to build a facility for fabricating structures for wind turbines.
The news represents another fillip for the region’s steel sector after British Steel, which was spawned from Tata’s loss-making Long Products division and employs hundreds of North-East ...
Company to sell 42-inch, 84-inch pipe mills at Hartlepool Tata Steel to retain 20-inch tube mill; invest GBP1 million Steel Photographer: Chris Ratcliffe/Bloomberg Gift this article ...
Liberty executive chairman, Sanjeev Gupta, said he wanted the site to become a world leader in the gas and oil pipes industry. Tata Steel will retain a third mill on the site, employing 270 people.
Tata will keep the third mill on the Hartlepool site and invest £1m, it said The sale of two troubled steelworks has been agreed, with claims jobs will be safeguarded.
Tata Steel said on Tuesday it had agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum.
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