Indian firm Tata Steel says it will close both blast furnaces at its plant in Port Talbot in Wales, eliminating 2,800 jobs.

India's Tata Steel reported a third-quarter profit on Wednesday, as declining expenses more than offset lower revenue due to weak domestic prices.

Tata Steel on Wednesday said it would convert its heavily polluting steel mill in the Netherlands to a cleaner one powered by natural gas or hydrogen by the end of the decade, if the Dutch ...