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Tata Steel Limited (TATASTEEL.NS)
- The Guardian
British Steel and Tata told to protect jobs until 2033 to unlock £600m funding
Grant Shapps tells Britain’s two largest steelmakers they must guarantee certain number of UK jobs
- The Guardian
UK offers £600m help to try to keep last steel plants going and save jobs
Jeremy Hunt expected to confirm support for British Steel and Tata to employ lower-emissions technology
- Reuters
Moody's says India a bright spot in global steel demand
Indian demand remains a bright spot in major steel markets as domestic consumption is seen growing at a "high single digit" rate over the next 12-15 months, a senior executive at Moody's Investors Service said on Monday. India, the world's second-largest crude steel producer, posted 11.4% growth in finished steel consumption during April-October to 65.5 million tonnes. "India remains the bright spot because the underlying steel demand still remains quite solid," Kaustubh Chaubal, a senior vice president at Moody's, told Reuters in an interview.
