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Thursday, December 04, 2025 | 05:13 AM ISTहिंदी में पढें
Port Talbot's green furnace marks end of costly firefighting for Tata Steel
Port Talbot, Tata Steel's upstream steelmaking facility in South Wales, had largely been a drag on the company's bottom line since it acquired Anglo-Dutch steelmaker Corus in 2007
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In the UK, Tata Steel is already on the road to decarbonisation.
In July 2022, Tata Group Chairman Natarajan Chandrasekaran told the Financial Times that transition to green steelmaking hinged on the British government’s support. Talks had been going on for two years, and the writing was on the wall: Without a deal within the next 12 months, the plant, Port Talbot, would close down.
Port Talbot, Tata Steel’s upstream steelmaking facility in South Wales, had largely been a drag on the company’s bottom line since it acquired Anglo-Dutch steelmaker Corus in 2007. Government support was crucial as cash flows from the business fell short of funding the capital-intensive transition.
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