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Tata Steel planning to cut 3,000 jobs in European operations
Nov-19-2019

Tata Steel is planning to cut 3,000 jobs in its European operations, amid oversupply and flat demand in the continent. Stagnant EU steel demand and global overcapacity have been compounded by trade conflicts which have turned the European market into a dumping ground for the world's excess steel capacity.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

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