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Several parties interested in Tata Steel's UK-based unit - union| Reuters

Nov 16, 2015    

LONDON Several parties are interested in a Britain-based Tata Steel unit that makes construction products as the steelmaker cuts costs and restructure its business amid a surge in Chinese exports to its markets, a union said. "We're being told there's interest from several different parties but there are no bids on the table," said Paul McBean of the union Community. McBean is also chairman of the Scunthorpe works multi-union committee, which represents several unions based at Tata Steel's plant in north-east England. Tata Steel said last month it would cut 900 jobs at its Scunthorpe...

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