Tata Steel has appointed Sir Robert McAlpine to install two electric arc furnaces at its Port Talbot steelworks in Wales. The £1.25 billion project, supported by £500 million in government funding, ...
Tata Steel (OTC:TATLY) said Friday it will shut down both blast furnaces at its steelworks in Port Talbot, eliminating as many as 2,800 jobs, as part of a restructuring of its unprofitable U.K.
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