Fitch downgraded Tata Steel's outlook to 'negative' due to uncertainties in UK operations.

Fitch Ratings downgraded Tata Steel's outlook to 'negative' from 'stable', citing uncertainties over its UK operations. Despite this, strong growth in India operations and Dutch EBITDA profits may offset potential UK losses. Delays in reducing UK losses due to government and labor union actions are possible. Tata Steel's rating remains 'BBB-'.

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