Tata Steel has ceased steel-making operations at Port Talbot in the UK with effect from Wednesday, after it shut down the remaining blast furnace, the sinter plant, and some secondary steel-making and energy systems. The largest producer of steel in the region had already shut a blast furnace and coke ovens earlier this year after the assets had reached their end-of-life and were not economically and environmentally viable. “…we know that Port Talbot has been a steel plant where industrial processes and new technologies have been introduced to enhance its output, often setting standards for other steelmakers,” Rajesh Nair, the chief executive officer of Tata Steel UK said. “In that tradition, we are planning a brighter, greener future through our £1.25 billion investment in low CO2 scrap-based steelmaking, which will sustain more than 5,000 jobs across the UK, and which will also give Tata Steel businesses across the UK a competitive market advantage,” he said. Tata Steel is building an electric arc furnace (EAF) in the UK for a total investment of 1.25 billion pound sterling, for which it will get a grant of 500 million pound sterling from the government. Around 2,800 jobs will be made redundant in this transition from a blast furnace to an electric arc furnace, and these employees have been provided a support package and re-skilling programme from the company. Artificial Intelligence(AI)Java Programming with ChatGPT: Learn using Generative AIBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program Artificial Intelligence(AI)Basics of Generative AI : Unveiling Tomorrow's InnovationsBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program Artificial Intelligence(AI)Generative AI for Dynamic Java Web Applications with ChatGPTBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program Artificial Intelligence(AI)Mastering C++ Fundamentals with Generative AI: A Hands-OnBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program Artificial Intelligence(AI)Master in Python Language Quickly Using the ChatGPT Open AIBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program Office ProductivityZero to Hero in Microsoft Excel: Complete Excel guide 2024By - Metla Sudha Sekhar, Developer and Lead InstructorView Program AstrologyVastu Shastra CourseBy - Sachenkumar Rai, Vastu ShashtriView Program Data ScienceSQL for Data Science along with Data Analytics and Data VisualizationBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program Web DevelopmentA Comprehensive ASP.NET Core MVC 6 Project Guide for 2024By - Metla Sudha Sekhar, Developer and Lead InstructorView Program Office ProductivityMastering Microsoft Office: Word, Excel, PowerPoint, and 365By - Metla Sudha Sekhar, Developer and Lead InstructorView Program MarketingDigital marketing - Wordpress Website DevelopmentBy - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expertView Program Web DevelopmentMastering Full Stack Development: From Frontend to Backend ExcellenceBy - Metla Sudha Sekhar, Developer and Lead InstructorView Program FinanceFinancial Literacy i.e Lets Crack the Billionaire CodeBy - CA Rahul Gupta, CA with 10+ years of domain experience, trainerView Program LeadershipBusiness Storytelling MasterclassBy - Ameen Haque, Founder of StorywallahsView Program MarketingFuture of Marketing & Branding MasterclassBy - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding ConsultantView Program HRHuman Potential and the Future of EmploymentBy - Lynda Gratton, Prof. at London Business School, Speaker, Author, Global Thought LeaderView Program StrategyESG and Business Sustainability StrategyBy - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought LeaderView Program FinanceFinancial Reporting and AnalyticsBy - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of DelhiView Program Tata Steel will resume steel-making in the region by 2027 or 2028, through the usage of scrap steel. It will be placing orders for equipment shortly, and expects the EAF to be operational within three years. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
