icon

Tata Steel UK - Latest news GMK Center

Photo – Tata Steel will decide the Port Talbot plant’s future
Tata Steel will decide the Port Talbot plant’s future

The company notes that the service life of one of the blast furnaces is coming to an end in a year

Photo – Tata Steel UK is asking for a level playing field for the green transition
Tata Steel UK is asking for a level playing field for the green transition

The company expects subsidies from the UK to decarbonize the steel plant in Port Talbot

Photo – Tata Steel UK imports 25 thousand tons of hot-rolled coil from India
Tata Steel UK imports 25 thousand tons of hot-rolled coil from India

The products are mainly intended for the company's distribution centers

Photo – Tata Steel may consider curtailing some operations in the UK
Tata Steel may consider curtailing some operations in the UK

The company expects to receive financial support from the British government within 12-24 months

Photo – Negotiations between Tata Steel and the UK regarding financial support are ongoing
Negotiations between Tata Steel and the UK regarding financial support are ongoing

The parties are still considering the request for an aid package

Photo – Tata Steel may shut down Port Talbot blast furnace
Tata Steel may shut down Port Talbot blast furnace

The company seeks to learn about the details of steel support by July 2023

Photo – The UK’s government will offer a support package for British Steel and Tata Steel
The UK’s government will offer a support package for British Steel and Tata Steel

Each of the companies will receive grants in the amount of about £300 million ($371 million)

Photo – Tata Steel threatens to close Port Talbot plant due to lack of government aid
Tata Steel threatens to close Port Talbot plant due to lack of government aid

The company has been asking the British government for £1.5 billion for a decarbonization program for two years, but the authorities are silent

1 2 3