Steel
Posco suspends $12-bn Odisha project, may scrap it
17 Jul 2015
A decade after South Korean steelmaker Posco agreed to set up a 12-million tonne steel plant in Odisha, the company has announced a suspension of the project amidst indications that it may scrap the project altogether
Tata Steel axes 720 jobs in UK
17 Jul 2015
Tata Steel has blamed “cripplingly high electricity costs” in the UK, which are more than double those of key European competitors for the job cuts
UK unions call off strike at Tata Steel, agree on new pension offer
20 Jun 2015
The call by the unions could avert the first major steel strike planned in the UK in more than 30 years
