Tata Steel is restructuring its UK business, aiming to reverse over a decade of losses and transition to a sustainable, green steel operation.
The plan is to retain most of Tata Steel UK’s product capabilities, reduce direct CO2 emissions by 5 MT annually, and lower the UK's total territorial emissions by about 1.5%.
Supported by the UK Government's £500 million commitment, Tata Steel will invest £750 million in the electric arc furnace (EAF) technology, using predominantly UK-arising scrap. This transition aligns with successful global examples, boosting competitiveness, securing production capabilities, and significantly cutting carbon emissions.
Additionally, a comprehensive support package for affected employees underscores Tata Steel's long-term commitment to the UK steel industry.