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Tata Steel to scrap 800 jobs in the Netherlands – ET Infra

THE HAGUE: Indian-owned steelmaking giant Tata Steel announced Monday it was scrapping 800 jobs at its under-pressure plant in the Netherlands to “improve market conditions and bring down costs.” “The steel market has been in dire straits for some time. In order to remain structurally competitive and profitable now and in the future, Tata Steel […]

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British Steel green furnace switch sparks jobs warning – ET Infra

LONDON: Chinese-owned British Steel on Monday launched plans to replace its coal-powered blast furnaces with electric technology that emits less pollution, but unions warned it would threaten up to 2,000 jobs. The company, which is owned by Chinese group Jingye, announced in a statement that it will replace its blast furnaces with electric arc furnaces

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