Discussion starts for potential sale of Netherland plant The company has initiated the process to separate Tata Steel Netherlands, Tata Steel UK and will pursue separate strategic paths for the Netherlands, UK business in future. Tata Steel has entered into negotiation with SSAB, the Swedish company, to sell its Netherland facility including Ijmuiden steelworks (time frame of six to nine months to complete, if the potential transaction happens). The company is committed to deploying proceeds of any strategic restructuring towards additional deleveraging of the balances...