LONDON: Tata Steel has completed the move of incorporating its Long Products Europe (LPE) division into a new standalone wholly-owned subsidiary within its European operations to create a sustainable future.
Hundreds of Tata Steel workers on Teesside in the north-east of England will effectively come under new management with the latest development.
The new Scunthorpe-based business, which employs 750 workers, will be led by Bimlendra Jha, executive chairman of the Tata Steel board.
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