Press Trust of India has reported that Tata Steel is studying UK government’s support package plans for the British steel industry and will consider it carefully before arriving at strategic decisions on the future of its UK business. The report quoted a Tata Steel spokesperson as saying that “We have received communication from the UK government in relation to a framework for the continuity and decarbonization of steel making in the UK. We are studying it and will consider it carefully prior to strategic decisions on the future of our UK business.”Tata Steel has previously warned that it could be forced to shut down its operations in the UK if it did not receive support in its move towards greener, less carbon-intensive steelmaking.
Press Trust of India has reported that Tata Steel is studying UK government’s support package plans for the British steel industry and will consider it carefully before arriving at strategic decisions on the future of its UK business. The report quoted a Tata Steel spokesperson as saying that “We have received communication from the UK government in relation to a framework for the continuity and decarbonization of steel making in the UK. We are studying it and will consider it carefully prior to strategic decisions on the future of our UK business.”Tata Steel has previously warned that it could be forced to shut down its operations in the UK if it did not receive support in its move towards greener, less carbon-intensive steelmaking.
