Tata Steel UK CEO announces 2,500 job cuts for transition to low-emission EAF technology as part of decarbonisation plan.
Tata Steel UK CEO Narendran announced job cuts of 2,500 as part of the company's transition to low-emission electric arc furnace (EAF) technology. This move is part of Tata Steel's decarbonisation plan, which aims to reduce CO2 emissions by 5 million tonnes per year and is supported by a £1.25bn joint investment plan with the UK government. The company aims to complete decarbonisation at its UK plant in three years.
June 02, 2024
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