Tata Steel UK has signed a definitive sale agreement to sell its Speciality Steels business to Liberty House Group for a total consideration of £100 million. The sale agreement covers several South Yorkshire-based including the electric arc steelworks and bar mill at Rotherham, the steel purifying facility in Stocksbridge and a mill in Brinsworth as well as service centres in Bolton and Wednesbury, UK and in Suzhou and Xi’an, China.
