08
May
21:18
Tata Steel Europe plans further niche-market divestments
Tata Steel Europe says in a stock exchange posting monitored by Kallanish that it is exploring the potential sale of five of its non-core businesses. It has begun a process of seeking buyers for business units which supply products to niche markets, allowing the company to continue to strengthen its focus on strategic strip products and markets.
The sales process will cover five businesses, three headquartered in the UK, one in Turkey and one in Germany. Perhaps…
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Anonymous
Very good overview of the weekly steel market.
Anonymous