Categories Finance/Money

Tata Steel aims to commission UK electric arc furnace project by 2027

Tata Steel is progressing with its low-carbon steel project in the UK. Construction at Port Talbot is expected to begin in July 2025. Operations are slated to commence by 2027. The company received necessary approvals for the USD 1.5 billion project. The transition involves shutting down upstream operations and using imported substrate.

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