BS takes 50% of Redcar Bulk Terminal
NewsBritish Steel (BS) has completed the transfer of a 50% stake in Redcar Bulk Terminal from Tata Steel, agreed as part of the original purchase of the Long Products Europe business.
Tata eyes South Africa
StandardIndia’s Tata Steel is considering greatly increasing its investments in South Africa. The company purchased a 35% stake in Riversdale Mining’s coal venture in neighbouring Mozambique in August and is already developing a ferrochrome smelter in Richards Bay, but is now interested in investing in South African iron ore, manganese and coal mining.
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