Tata Steel Selling Dutch Steel Business

GALWAY, IRELAND--November 24, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Tata Steel India has confirmed that it is in talks with Swedish steelmaker SSAB (NASDAQ OMX:SSAB A) (Stockholm, Sweden) to sell its Dutch steel business, which includes the Ijmuiden steelworks.

Within this article: Details proposed sale plan for Dutch steel operations, weakening financial performance of European operations, future for U.K. steel business