Tata Steel U.K. Gets $620 Million Rescue Package

GALWAY, IRELAND--September 20, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K.'s largest steelmaker, Tata Steel U.K. (Mumbai, India), has won a £500 million (US$620 million) rescue package from the government, but the company may still have to cut 3,000 jobs to survive.

Within this article: Details rescue package for U.K.'s largest steel plant, project to convert to green steel, investment, expected job losses, related U.K. steel sector problems