Monday, 25 September 2023 Moody's Investors Service has upgraded Tata Steel's long-term rating with a stable outlook, citing expectations of improved profits and debt reduction efforts. The upgrade reflects the company's solid market position in India, as well as the expected growth in steel demand driven by infrastructure investments and the auto sector.
The United Kingdom and Tata Steel have announced a joint investment package worth 1.25 billion pounds. On Friday, the UK and Tata Steel made the announcement of the deal which will include a government..
Labour MP Stephen Kinnock voices deep concerns over the UK Government's investment into electric arc furnaces (EAF) at Tata Steel at Port Talbot. He says that the EAF technology will result in more job..
Business Secretary Kemi Badenoch announced a £500 million support package for Tata Steel, emphasising its role in preserving skilled jobs in Wales. Badenoch described the proposal as historic,..