Carmakers in Britain are making plans to get more steel from continental Europe, putting pressure on Tata Steel to secure a sale of its troubled UK plants before it loses customers.
India's Tata Steel has serious offers on the table after putting its entire UK business up for sale in March to stem heavy losses, blaming costs, market weakness and cheaper imports from countries such as China.
Carmakers, which make up around 60 percent of Tata UK's customers, are nevertheless making contingency plans for alternative sources for the speciality steel they need.
"If Tata fails, our purchasing teams are already working to find alternative sources in Europe," said a spokesman for General Motors-owned Vauxhall, which sources 60 percent of its steel from the UK.
Vauxhall and five other carmakers built almost 99 percent of Britain's 1.6 million cars last year.
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