19
Nov
13:26
Tata Steel Europe confirms restructuring programme, job cuts
Tata Steel Europe has outlined its long-awaited restructuring programme, including the reduction of up to 3,000 jobs across Europe, the firm says in a statement seen by Kallanish.
The new programme is aimed at securing positive cash flow for the company from the financial year ending March 2021. “A transformation is needed to mitigate the current structural and cyclical headwinds and create the foundation for the company’s future success,”…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous