Tata Steel Unveils 7 Million Pound Investment Plan for UK

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Tata Steel Unveils 7 Million Pound Investment Plan for UK
14 Jun 2022
6 min read

News Synopsis

Tata Steel has announced plans to invest £7 million in the Hartlepool Tube Mill in northeast England. It states that the Indian steelmaker aims to reduce carbon emissions, improve capacity and reduce costs to help strengthen their UK operations.

The investment will be directed to a new slitter facility that will allow the Hartlepool site to process steel coils supplied by Tata's Port Talbot site in South Wales. With approximately 300 employees producing up to 200,000 tonnes of steel pipe annually, all steel products on this site are 100% recyclable and the investment is expected to pay off within three years.

The project will allow critical processes to be deployed in the field, freeing up thousands of tonnes of capacity at  Port Talbot's site, said Andrew Ward, Tata Steel's Hartlepool Plant work Manager.

Wide steel slabs are now slit in Port Talbot, then rolled and sent to Hartlepool. There, it is processed into steel pipes and used in various products such as agricultural machinery, sports stadiums, steel-framed buildings, and the energy field.

Tata Steel in the United Kingdom has the ambition to produce net-zero steel by 2050 at the latest and reduce carbon emissions by 30% by 2030. Most of this work will be done in South Wales, the company's largest business location.

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