13
Dec
13:15
Productivity, higher-value steels to drive Tata European transformation
Tata Steel says its transformation programme in Europe plans to improve the company’s run-rate Ebitda to £750 million ($899m) by March 2021 – equal to about 10% Ebitda margin.
About three-quarters of the performance uplift will come from productivity improvements, reduced bureaucracy and increased sales of higher-value steels, the steelmaker informed the European Works Council. Employment cost savings will make up the remainder.
Tata Steel i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous