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Tata Steel sees weak final quarter but demand set to rise

Duncan Tift
Duncan Tift
Deputy Editor, West Midlands

TATA Steel, which supports hundreds of jobs in the West Midlands, has reported a loss for the final quarter of last year as poor growth figures weakened demand for the raw material.The company, which is the largest steel producer in India, saw a net loss of £77m in the three-month period. The upheaval in the Eurozone countries – where a large portion of the business operates – contributed to the weakened position.However, the company is optimistic the situation will pick up during the first half of this year as de... for the full story register now for free or login below...

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