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Tata Steel: What’s the brokerage view after it announced plans to invest in UK’s Port Talbot plant?Tata Steel: What’s the brokerage view after it announced plans to invest in UK’s Port Talbot plant?

Tata Steel has announced a plan to invest in a 3mtpa EAF based steel capacity at Port Talbot in the UK. The project will cost £1.25 billion ($1.55bn). Of this the Tata Steel will invest £750 million and UK government will provide £500 million support. Jefferies: Jefferies has a Buy rating on the stock after […]