terça-feira, 5 de janeiro de 2016

TATA STEEL UK TO SELL LONG PRODUCTS BUSINESS

Tata Steel UK Limited, an indirect subsidiary company of Tata Steel Europe, has signed a Letter of Intent with Greybull Capital to enter negotiations for the potential sale of its long products business in Europe.
The letter covers several UK-based assets including Tata Steel UK’s Scunthorpe steelworks, mills in Teesside and northern France, an engineering workshop in Workington, a design consultancy in York, and associated distribution facilities in the UK. It also includes Tata Steel’s Scottish mills in Dalzell and Clydebridge which are currently being mothballed.

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