Tata Steel Announces £30m Investment To Secure Welsh Steelmaking

Leading European steel producer Tata Steel has announced that it will be investing approximately £30 million in its Port Talbot site, part of a series of planned investments that it will be making to improve reliability and secure South Wales’s future of steelmaking.

A Basix Oxygen Steelmaking vessel is set to be replaced at the site, while huge cranes are also due to be replaced, enhanced dust extraction hoods installed and energy-efficient measures implemented to minimise emissions. It comes after the company also unveiled the most advanced robotic steel welding line in the UK, supplying materials for car manufacturers from its Wednesfield site.

The new investment will also help meet the growing demand for next-generation steel required for electric and hybrid vehicles, as well as innovations in food packaging and energy-efficient homes and buildings.

Once the new steelmaking vessel is installed, it will be able to convert 330 tonnes of iron into steel every cycle by pumping oxygen through liquid iron at twice the speed of sound!

“The UK steel industry is still facing challenges, including on energy costs and business rates, so it’s vital we continue to work with government to find ways of levelling the competitive playing field with our European competitors,” Bimlendra Jha, UK CEO of the company, said.

Back in October, Tata Steel also announced that it has recruited nearly 100 new colleagues for its apprentice training and graduate schemes to help build a stronger and more sustainable business here in the UK. The company now has almost 300 apprentices and over 60 graduates.

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