The move marks a significant milestone for the company, which already boasts a successful chain of six stores in the CIS region
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Tata Steel has a number of facilities in Wales, and the release did not specify which would receive the investment.
In December, Tata said it would mothball its Llanwern processing mill in south Wales, citing weak demand for steel and a poor economic outlook.
The move marks a significant milestone for the company, which already boasts a successful chain of six stores in the CIS region
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