British Steel News
Sanjeev Gupta-led GFG Alliance to invest 2 billion euros in European steel operations; electric furnaces to be installed to reduce emissions
Privately-held GFG Alliance will invest 1 billion euros in its Galati operations in Romania and 750 million euros at its Ostrava plant in the Czech Republic, a statement said.
Tata Steel plans to cut up to 3,000 jobs across European operations; two-thirds losses expected to be office-based roles
Tata Steel's quest to boost profitability follows a European anti-trust decision to block a joint venture with Germany's Thyssenkrupp
Inefficient aircraft bloat aviation losses; Chinese firm Jingye Group's bid for British Steel; all this and more on Moneycontrol Pro
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