Tata Steel’s European arm -- Tata Steel UK has approached the British conciliation service Advisory, Conciliation and Arbitration Service (Acas) to mediate with its steel workers unions in the ongoing pension dispute. Trade unions representing workers of Tata Steel in the UK had announced ‘strike action’ on June 22 over proposed changes in the company's pension scheme - the biggest industrial action in the UK in nearly three decades.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.
