HomeTagsUk steel

Tag: uk steel

Tata Steel set to get...

LONDON: Britain is set to pump...

Tata Steel set to get $621 million from UK, 3,000 jobs could go

LONDON: Britain is set to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site in a deal aimed at securing the future of the country's steel industry, but which puts as many as 3,000 jobs at risk.The 1.3-billion-pound funding package for Britain's biggest steel works includes a 750-million-pound investment from Tata to pay for the switch to lower-emission electric arc furnaces from the current coal-powered methods.While Britain said Friday's deal would help to safeguard 5,000 jobs, Tata Steel UK currently employs more than...

Karl Jörg - September 15, 2023

Business Profiles

Tata Steel set...

LONDON: Britain is set to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site in a deal aimed...

Karl Jörg - September 15, 2023

About Us

This website and all of the contents are property of Chrysolite Media Network Pvt. Ltd. Images, content and any other material may not be copied or reproduced without first obtaining written permission from Chrysolite Media Network Pvt. Ltd.