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Tata May Freeze Steelworks Auction To Assess Brexit: Report

Tata Steel had announced plans to auction its Port Talbot steelworks in Wales earlier this year.
Tata Steel had announced plans to auction its Port Talbot steelworks in Wales earlier this year.
London: Tata Steel is set to freeze auction of its UK steelworks while it assesses the fallout of the Brexit vote, a media report said on Sunday. The Mumbai-headquartered steel giant had announced plans to auction its Port Talbot steelworks in Wales earlier this year. However, The Sunday Times reported that the move has been put on ice as it assesses the fallout of the Brexit vote. "The Indian giant will 'pause' the sale amid unce...
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