European bond markets are staggering into the fourth quarter, having briefly reached the highest 10-year yields for a decade. But with no apparent home-grown trigger, this yield surge is more likely the result of ill-winds coming from across the Atlantic and battering everything in their path. While Italy and France have posted some concerning budget […]
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Tata Steel: Improved outlook; recent developments to boost profitability & ESG considerationsTata Steel: Improved outlook; recent developments to boost profitability & ESG considerations
Tata Steel (TSL) has unveiled a comprehensive restructuring plan for its UK operations (TSUK) with a dual focus on ensuring business continuity and enhancing sustainability. The key highlights include: Replacement of existing blast furnaces with a state-of-the-art 3 million ton per annum Electric Arc Furnace (EAF); Securing 40% of the £1.25 billion investment through grants […]