Indian-owned group takes £1.12bn hit after writing down value of legacy assets
Natarajan Chandrasekaran says the $365bn Indian group is undergoing multiple changes to prepare for the future
About 2,500 jobs to be lost in shift to greener furnace at south Wales site
Chair of Indian parent company says talks with the British government are ‘going well’
Business secretary reveals he has already spoken to Britain’s biggest steelmaker about Port Talbot plant
Move by union Unite paves way for negotiations with Indian-owned company over future of UK operations
Unite considers exempting some workers from strike action after discussions with Labour leadership
Britain’s biggest steelmaker also challenges validity of Unite ballot on industrial action
Up to 2,800 jobs imperilled as owner Tata shifts to less carbon-intensive electric arc furnace
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodity
Unite says 1,500 of its members have backed industrial action over Indian steelmaker’s plan for south Wales operations
Party’s plan to extend windfall tax and cut investment allowances has enraged industry bosses, while others warn we are at ‘crux point’
Indian parent of owner of Welsh steelworks signals it was unlikely to change course after meeting with UK opposition party
Unions warn that decision to shut down blast furnaces will have ‘devastating’ effect
Sweeping restructuring will result in loss of up to 2,800 jobs
Port Talbot steel plant to bear brunt of job losses as part of Indian owner’s transition to greener form of steelmaking
Meeting between Tata Steel management and unions expected to confirm Port Talbot will bear brunt of 3,000 redundancies
Uncertainty at Port Talbot plant as unions condemn moves to axe steel workers
Companies warn they are unable to import benchmark steel product cheaply under current import quota scheme
Deal is aimed at securing future of Port Talbot plant in Wales but will not prevent ultimate loss of about 3,000 jobs
Britain’s largest steelmaker seeks support for switch to less polluting technology
Ministers believe offering higher energy subsidies to parent company Tata is key to securing the deal
Indian group blames uncertainty on tough trading conditions and lack of clarity over government support
Plans being drawn up as British Steel announces up to 260 job cuts to confront soaring costs
Company claims ‘milestone’ in global effort to improve the green credentials of steelmaking
