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Tata Steel puts British business up for sale

Most steel companies have been hit by plunging prices due to overcapacity in China

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INDIA's Tata Steel, Britain's largest steelmaker, put its entire UK business up for sale to stem heavy losses, a move that would draw a line under its almost decade-long foray into Britain's declining steel industry.

Mumbai

INDIA's Tata Steel, Britain's largest steelmaker, put its entire UK business up for sale to stem heavy losses, a move that would draw a line under its almost decade-long foray into Britain's declining steel industry.

After a marathon board meeting in Mumbai, the steel giant

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