THE UK government has agreed to give a £500m (US$651m) grant to Tata Steel to build an electric arc furnace at Port Talbot, though 2,500 jobs will still be lost as the firm presses ahead with plans to ...
It will see the Government give Tata Steel £500m towards a £1.25bn electric arcfurnace at PortTalbot, with ministers hailing a commitment from the company to consider “future investment ...