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Tata Steel new plant: $1.5-billion electric arc furnace facility to come up at Port Talbot; UK government gives 500 million pounds

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Tata Steel is set to begin constructing its electric arc furnace (EAF) facility in Port Talbot, Wales, by July 2025, with production slated for 2027. Supported by UK government funding, this $1.5 billion project will produce 3.2 million tonnes of low-emission steel annually. The move signifies a shift towards sustainable steelmaking, utilizing scrap metal and reducing CO₂ emissions.
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