This is Scunthorpe -- OPERATIONAL profits for Tata Steel Europe for the first nine months of 2013-14 have risen to £233 million - a near 13-fold increase on the figure for the same period a year earlier. The company today also announced turn-over has risen by 2.5 per cent to £5.9 billion and the production of liquid steel between October and December last year had increased by 19 per cent from a year ago to 3.91 million tonnes. It was the largest volume of liquid steel on a like for like basis for more than five years. But the 4,000 Tata Steel employees in Scunthorpe have been told they have to do even more if the works is to get back into profit by March 31. *Follow us on Facebook and Twitter*
Reported by This is 9 hours ago.
This is Scunthorpe -- OPERATIONAL profits for Tata Steel Europe for the first nine months of 2013-14 have risen to £233 million - a near 13-fold increase on the figure for the same period a year earlier. The company today also announced turn-over has risen by 2.5 per cent to £5.9 billion and the production of liquid steel between October and December last year had increased by 19 per cent from a year ago to 3.91 million tonnes. It was the largest volume of liquid steel on a like for like basis for more than five years. But the 4,000 Tata Steel employees in Scunthorpe have been told they have to do even more if the works is to get back into profit by March 31. *Follow us on Facebook and Twitter*
Reported by This is 9 hours ago.