Tag: stephen kinnock

LONDON: The UK on Friday announced that it had agreed a joint investment package with Tata Steel for the country's largest steelworks in Wales, including a grant worth up to GBP 500 million - dubbed one of the largest British government support packages in history and a "defining moment" for the steel industry. As part of the agreement, the Indian steel giant is expected to invest GBP 1.25 billion, including the government grant, in a new Electric Arc Furnace and related facilities for greener steel production at Port...