Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves
Descrição
Tata Steel is suffering from declining steel demand in Europe, brought about by an economic slowdown and uncertainties revolving the U.K. general elections and Brexit.
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://www.alliedmarketresearch.com/assets/sampleimages/long-steel-market-2021-2030-1627286458.jpeg)
Long Steel Market Share, Industry Analysis, Demand, Forecast 2030
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://www.elektro-isola.com/media/nxkdtwp5/tabel-2-engelsk.jpg?width=1200&height=0&quality=80&v=1d9d01495483140)
The current market situation
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F95fdc1c2-e658-4e6b-b11f-6eb0f573ac63.jpg?source=next&fit=scale-down&dpr=2&width=340)
Tata Steel pulls announcement on 3,000 job cuts at Welsh factory
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://img.industryweek.com/files/base/ebm/industryweek/image/2019/11/industryweek_36520_tata_steel_netherlands_ijmuiden_jeroen_jumelet_contributor_getty_images.png?auto=format,compress&fit=fill&fill=blur&w=1200&h=630)
Tata Steel to Cut 3,000 Jobs as Crisis Rips Through Europe
China demand uncertainty caps steel firms' prospects
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://www.reuters.com/resizer/hcOl6p5mM6prxRdcG40PZsIoc_E=/1920x0/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/YYHX5U2NLZPSDINBTAHURRMKFM.jpg)
Euro zone business growth slowed in May as factories struggled
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F09cdebed-2c52-4715-8500-f1e1fff3421a.jpg?source=next&fit=scale-down&dpr=2&width=340)
Tata Steel pulls announcement on 3,000 job cuts at Welsh factory
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://img.etimg.com/thumb/width-1600,height-900,imgsize-93498,resizemode-75,msid-69951931/markets/commodities/news/weak-global-prices-and-muted-local-demand-hit-indian-steel.jpg)
steel: 'Weak global prices and muted local demand hit Indian steel' - The Economic Times
![Tata Steel to fire 3,000 workers in Europe citing slowdown and weak market demand - FreightWaves](https://s.yimg.com/ny/api/res/1.2/lvYP8LvkSUU0S_lh1Qxoow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNw--/https://cdn2.benzinga.com/files/imagecache/600x400xUP/images/story/2012/iron-rods-474792_1920_4.jpg)
Tata Steel To Fire 3,000 Workers In Europe Citing Slowdown And Weak Market Demand
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