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Tata Steel Europe News

10 Aug 2017

European Union imposes import duties on some Chinese steel to counter subsidies

The European Union has imposed provisional import duties of as much as 28.5 percent on certain Chinese corrosion-resistant steels after an eight-month investigation found that the products benefited from unfair subsidies.

09 May 2016

Tata Steel confirms 7 interested buyers for UK assets

All seven have been "immediately taken forward" to the next stage of the sale process, which involves inputs from the UK government, the firm said in a statement.

18 Apr 2016

Tata Steel appoints StanChart for UK unit sale

Tata Steel Europe said on Monday it had asked Standard Chartered to work as an adviser alongside KPMG to look for interested buyers. The bank has links with Tata Group in India and is expected to be tasked with finding possible suitors in Asia, especially among Chinese steel producers.

24 Feb 2016

Tata Steel Europe CEO Karl Koehler quits; CTO Hans Fischer to succeed

Koehler, who was appointed as CEO and Managing Director of Tata Steel Europe in October 1, 2010, will also step down as the member of the Tata Steel's Board of Directors.

22 Dec 2015

Tata Steel in talks to sell struggling UK assets

Tata Steel is in talks with investment firm Greybull Capital to sell its struggling Long Products Europe business in the UK, the Indian steel giant said Tuesday.

14 May 2015

Tata Steel to write down Rs 6,500 cr in impairment charge

Tata Steel Thursday said it is likely to write down a total of Rs 6,500 crore for the 2014-15 fiscal mainly due to impairment of a unit in the UK, a part of its European operations and a coal project in Mozambique.

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