TATA Steel's European operation today reported a pre-tax operational loss of £13 million during the first quarter.Turnover at £184 billion was also more than 10 per cent down on a year earlier, but both liquid steel production and deliveries were up on the same period.Globally the Tata Steel Group reported a 126 per cent rise in post-tax profit to £76.3 million between April and June. On the European front, chief executive Dr Karl Koehler warned: "Market conditions have...
