28-11-2016 21:37 via uk.news.yahoo.com

Exclusive - Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

By Maytaal Angel and Georgina Prodhan LONDON/FRANKFURT (Reuters) - Tata Steel and Thyssenkrupp are looking at reducing the size of Britain's largest steel plant in Port Talbot, Wales, industry sources said, as the two firms press ahead with plans to merge their European steel operations and deal with the overcapacity afflicting the industry. The move could see one of Port Talbot's two blast furnaces shut, halving the plant's capacity. An industry source close to Thyssenkrupp's board said the Ger
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