Company has serious offers after putting its UK business for sale in March to heavy losses, blaming costs, and cheaper imports from China
Long products Europe business renamed as British Steel
Deadline for final bid submissions is on Monday
Commodities trading firm working with Macquarie Capital, which is prepared to support with funding, and State Bank of India
Trade unions say 3-6 months timeline for sale of asset not enough
David Cameron's government has said it is working to broker a deal with potential buyers after Tata Steel put its British operations up for sale last week
Restructuring will reduce some of negative pressure on company's operating performance