Reports: Government prepares £600m green lifeline for UK's biggest steelmakers

Cecilia Keating
clock • 5 min read
Tata Steel's Port Talbot plant, photographed from the Aberavon beach | Credit: iStock
Image:

Tata Steel's Port Talbot plant, photographed from the Aberavon beach | Credit: iStock

Funds will reportedly be contingent on Jingye and Tata Steel retaining workers and moving away from traditional blast furnace operations

The government is poised to provide the UK's two largest steelmakers with £300m each in support so that the UK's most emissions-intensive steel sites can avoid financial collapse and fund the transition...

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