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Tata Steel UK cash burn at $150 million in H2 FY22-23

Of the total planned capex of Rs 16,000 crore in FY23-24, Tata Steel will spend up to Rs 800 crore on maintaining UK assets.

Port talbotNeath port talbotUnited kingdomAnand rathiTata steelPort talbot steel worksChief executive officerManaging directorTata steel uk

Will take a call on UK assets in next 12-24 months: Tata Steel CEO & MD TV Narendran

In the worst-case scenario, if the UK government did not finance a green transition by the company, different assets would be closed as they reached end-of-life, said the steelmaker’s chief executive.

United kingdomPort talbotNeath port talbotTata steelTata steel unitedPort talbot steel worksTv narendranTata steelGreen steelTata steel earningsPort talbot steel works

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