 "Companies, firms, employees, jobs. service sector")
India's Tata Steel Ltd said on Monday it would shut parts of its non-core businesses in the United Kingdom, a move that could cost about 400 jobs.
The steelmaker proposed to close its loss-making Orb Electrical Steels site in South Wales, potentially affecting up to 380 jobs, as it was "unable to find a way forward" for the business, it said in a filing to Indian stock exchanges.
Tata put up five of its non-core businesses in Europe on sale in May 2018 as it looked to focus on its strip products business.
Orb is part of one
The steelmaker proposed to close its loss-making Orb Electrical Steels site in South Wales, potentially affecting up to 380 jobs, as it was "unable to find a way forward" for the business, it said in a filing to Indian stock exchanges.
Tata put up five of its non-core businesses in Europe on sale in May 2018 as it looked to focus on its strip products business.
Orb is part of one
