British Union seeks an emergency meeting on Tata Steel

British Union have called for a emergency meeting of the National Ateel Council to express their concerns about Tata Steel UK, one of the leading steelmakers in the world.

Tata steel’s loss in the UK increased to GBP 371 million this year, Previously, Tta chairman said it was unlikely that India would continue to fund the loss in the future.

According to the information, the plant in the UK could produce 3.5 million tons of crude every year. The Union of GMB, Unite, and Community, Said Tata steel UK faced big challenges, and the main reason was caused by the lack of investing amount to its asset in the past servaral years.

currently, Tata Steel had planned to improve its operational and aimed to schieve positive cash flow before the end of the next fiscal year.