Tata bought slabs from rival British Steel as it sought to beat Trump tariff plans
Comments Off on Tata bought slabs from rival British Steel as it sought to beat Trump tariff plansSale of product from Scunthorpe plant came when Indian-owned firm tried to avoid US rules that were later dropped
British Steel has made the unusual move to sell slabs of metal to its rival Tata Steel, as the latter sought ways around Donald Trump’s proposed tariff rules.
The Scunthorpe steelworks in north Lincolnshire – now controlled by the UK government – provided slabs made in its blast furnaces to Tata’s operations in south Wales in recent months, according to steel industry sources.