Tata Steel and the UK Government have jointly agreed on a proposal for the largest investment in the UK Steel Industry for decades. Commenting on the announcement, Tata Group Chairman Mr. N Chandrasekaran said: “The agreement with the UK Government is a defining moment for the future of the Steel Industry and indeed the industrial value chain in the UK.
It has been an absolute pleasure to work with Prime Minister Mr. Rishi Sunak in developing the proposed transition pathway for the future of sustainable steelmaking in the UK. The proposed investment will preserve significant employment and presents a great opportunity for the development of a green technology-based industrial ecosystem in South Wales”.
