Tata Steel Stock Up Despite Blast Furnace Closure, Job Cuts | Stock Market News
Zee Business Video Team | Updated: January 20, 2024 02:39 PM IST
Tata Steel announced shutting down Port Talbot's blast furnaces for a green steel transition, impacting 2,800 jobs. The phased closure begins mid-2024, with £130 million allocated for affected employees. The stock rose despite potential job losses.