Sale of Tata UK steel business on hold

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Port Talbot Image copyright Reuters

The sale of Tata Steel’s UK business is on hold as the company considers a European tie-up, creating further uncertainty for British steelworkers

After a board meeting in Mumbai, the company said it had started discussions with “strategic players in the steel industry”

They include the German company Thyssenkrupp.

In March Tata declared its intention to sell all or part of its UK businesses.

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