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STEELMAKING CAPACITY UK
UK nationalises Chinese-owned British Steel to protect nation's steelmaking capacityThe United Kingdom government has nationalised British Steel to secure its steelmaking capacity. This move protects thousands of jobs and t...- Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologiesTata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment w...
- Tata Steel shares dip over 2% as UK project may face 6-8 month delay amid electricity access issuesTata Steel's ambitious low-carbon steel project in the UK is facing a significant delay. The commissioning of the new electric arc furnace ...
- Tata Steel says UK plant's low-emission project facing delays in securing electricity accessTata Steel's significant UK project for low-carbon steel production is facing delays. The company is experiencing a setback of six to eight...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
- Tata Steel aims to commission UK electric arc furnace project by 2027Tata Steel is progressing with its low-carbon steel project in the UK. Construction at Port Talbot is expected to begin in July 2025. Opera...
- Tata Steel advances green steelmaking plans through major crane projectTata Steel UK is advancing its green steel production with a new contract awarded to JASO Industrial Cranes for its Port Talbot plant. JASO...
- Tata Steel UK signs contract for electric furnace in green steelmaking driveTata Steel has partnered with Italy's Tenova to install a state-of-the-art electric arc furnace at its Port Talbot site in Wales, aimed at ...
- UK govt offers to sweeten package for Tata Steel UKTata Steel has been requesting fiscal aid from the UK government and has conveyed its stance to the UK that it cannot move forward with its...
- Tata Steel unveils green investment plan for UK steel tube millThe investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata's Port Talbot ...
- Tata Steel UK using bacteria-technology to recycle its emissions"As the world is coming to terms with the challenges of net-zero CO2 steelmaking, there are lots of options to consider. Not only in terms ...
- Sanjeev Gupta’s GFG Alliance to infuse £50m to restart UK steel operationsGupta, founder chairman of the $20-billion revenue GFG Alliance, was fighting his biggest battle to save his metals-to-energy conglomerate ...
- Sweden's SSAB eyes Tata Steel's Europe business as Thyssenkrupp's back-up plan: Bloomberg“SSAB is holding preliminary talks with Tata Steel of India as it seeks merger options,” the report said quoting persons familiar with the ...
- GFG Alliance is keen on acquiring more stressed assets from India: Sanjeev Gupta"Over the next 6-12 months, there will be quite a lot of consolidation happening in the steel and mining sectors. We will be keenly reviewi...
- Sanjeev Gupta of GFG Alliance awarded Business Leader of the Year at British Asian Achievers Awards 2017Sanjeev Gupta has also engaged with Indian steelmakers, buying Tata Steel UK's specialty steels business for 100 million pounds as well as ...
- UK asks China to accelerate cuts on overproduction of steelChina yesterdya said that plans to shut steel mills over the next five years would cut capacity to an estimated 1.13 billion tonnes by 2020...
- Tata Steel gets lenders' nod for easier Corus loan termsTata Steel UK, an indirect subsidiary of Tata Steel has got lenders approval to reset covenants for its GBP 3.7 billion loan that was taken...
- Corus trims 400 jobs in UK, Ireland steel distributionPoor business conditions due to a slowdown in steel industry has forced the Tata-owned company to reduce its work force.
- Sir Bamford saddened by Tata dealSir Anthony's remarks could increase the pressure on Tata and Corus to step up their efforts to persuade shareholders .
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