Tuesday, 25 October 2016

Windfall at Tata's Port Talbot unlikely to change long-term outlook

PORT TALBOT, Wales - Port Talbot's loss-making steelworks is enjoying a windfall from a weaker pound, higher steel prices and stringent cost-cutting, but the benefit could be short-lived and not enough to persuade its Indian owners Tata Steel they want to keep it.


from Reuters: Top News http://uk.reuters.com/article/uk-britain-eu-tata-idUKKCN12P1V0?feedType=RSS&feedName=topNews

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