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Tata Steel UK to sell Hartlepool pipe mills to Liberty House

Tata Steel has invested more than £1.6 billion in its UK business since acquiring Corus in 2007

Megha Manchanda  |  New Delhi 

Cyclists ride past the Tata steelworks in the town of Port Talbot, Wales, Britain. (Photo: Reuters)
Cyclists ride past the Tata steelworks in the town of Port Talbot, Wales, Britain. (Photo: Reuters)

UK on Tuesday announced the sale of a part of its pipe mills in Hartlepool to Group. The transaction is expected to be completed within the next few months.

The sale agreement covers the sale of 42-inch and 84-inch pipe mills, where about 140 employees manufacture pipes for gas and oil projects around the world, the company said.


said it would retain its 20-inch tube mill at the same Hartlepool site, where 270 people manufacture tubes for a range of markets, including construction, infrastructure and machinery. would be making a £1-million investment in the 20-inch mill to increase its capability to make high-strength steel tubes, the statement said. 

“With this sale, UK will complete its portfolio restructuring to focus on the strip products supply chain linked to Port Talbot. The sale is also an important step towards developing a more sustainable future for the rest of our UK business,” Bimlendra Jha, chief executive officer of UK, said.

Both parties would be working to complete consultations with employees and trade unions, as well as the transfer of supplier and customer contracts. 

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has invested more than £1.6 billion in its UK business since acquiring Corus in 2007, including £100 million over the last year to enable advanced steel manufacturing in a number of UK sites. In March, it announced restructuring of its European portfolio, including divestment of UK, in whole or in parts. It has suffered asset impairment of £2 billion in the past five years. In April, it agreed to sell the Scunthorpe site to Greybull Capital. Its key UK operations centre around Port Talbot in Wales and around seven bidders are in the fray.

The British government has offered financial support to help find a new buyer for UK plants as it is keen on avoiding job losses to the tune of 11,000.

In May, scrapped plans to merge group firms Tata Metaliks and Tata Metaliks DI Pipes with it due to delay in regulatory and statutory approvals. 

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