Tata Steel secures 'historic' £500m government aid package for Port Talbot green upgrade

Michael Holder
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

But spectre of an estimated 3,000 job losses looms large over deal that is expected to unlock £1.25bn of investment in lower carbon electric arc furnace at the site

Tata Steel has secured £500m in backing from the government that is expected to unlock £1.25bn of investment in developing a new lower carbon electric arc furnace at its Port Talbot steelworks in South...

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