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Tata Steel UK signs contract for electric furnace in green steelmaking

This significant agreement aims to reduce carbon emissions by 90% annually

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Tata Steel has announced a contract with Italy-based Tenova to deliver a cutting-edge electric arc furnace (EAF) as part of its green steelmaking initiative in the UK. This significant agreement, established last week for the Port Talbot site—Britain’s largest steelworks—aims to reduce carbon emissions by 90% annually once operational by late 2027.

Under the contract, Tenova will provide an EAF capable of producing 3 million tonnes of steel per year, matching the output of recently decommissioned blast furnaces by utilizing scrap steel sourced from the UK.

UK Business and Trade Secretary Jonathan Reynolds remarked, “This partnership follows an improved deal between the government and Tata Steel, highlighting our commitment to a sustainable future for UK steelmaking. Technologies like those from Tenova are crucial for decarbonizing the industry, creating skilled jobs, and ensuring economic stability for future generations of steelworkers in South Wales. Our forthcoming steel strategy will offer further certainty for the sector, supported by up to £2.5 billion for steel development.”

This agreement follows a £1.25 billion joint investment from Tata Steel and the British government, with Tata Steel contributing £750 million and the government providing up to £500 million.

T V Narendran, CEO and MD of Tata Steel Limited, stated, “This landmark agreement will transform our steelmaking site, supporting the UK’s decarbonization journey while offering economic development opportunities for South Wales. Today marks a crucial step toward making low-CO2 steelmaking a reality at Port Talbot, reducing the UK’s carbon emissions and aiding our customers in their carbon reduction efforts.”

The project emphasizes using scrap steel to lessen the UK’s dependence on imported iron ore, enhancing the resilience of local manufacturing supply chains. New ladle metallurgy furnaces from Tenova will refine molten steel to produce more complex grades required by UK manufacturers and others globally.

Paolo Argenta, Executive Vice President at Tenova, expressed confidence in the project’s success, noting the unprecedented level of transparency and collaboration with Tata Steel UK.

Tata Steel UK is currently engaged in detailed engineering, with plans to order additional equipment for the Hot Strip Mill, casters life extension, new pickle line, and construction management. The company has completed public consultations for the planning application and aims to submit it next month, targeting large-scale site work to begin around July 2025.

As the largest steelmaker in the UK, Tata Steel operates primary steelmaking at Port Talbot, supporting manufacturing and distribution across Wales, England, Northern Ireland, and in countries like Norway, Sweden, France, and Germany.

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L&T wins Hindalco, Tata Steel projects in Odisha, Jamshedpur

L&T bags major aluminium and steel sector orders

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Infrastructure major Larsen & Toubro (L&T) announced on Friday that it has secured significant orders from Hindalco Industries and Tata Steel, strengthening its presence in the metals and minerals sector.

The company’s minerals and metals business vertical won an order from Hindalco to set up a 180 KTPA aluminium smelter and gas treatment centre for a greenfield project in Odisha, as well as a separate order from Tata Steel to construct a coke oven battery at Jamshedpur.

These are among several recent orders bagged by the vertical in India, L&T said in a filing to the Bombay Stock Exchange (BSE).

The scope of the projects includes engineering, manufacturing, supply, construction, and plant installation.

T Kumaresan, Senior Vice President and Head of Minerals & Metals at L&T, said,

“These order wins across the aluminium and steel sectors are a testament to L&T’s engineering excellence, execution capability, and long-standing customer relationships. They further strengthen our role in shaping the nation’s industrial infrastructure, while deepening our engagement with the steel sector through world-class execution and technological excellence.”

The contracts underscore L&T’s strategic focus on expanding its footprint in India’s metals and industrial infrastructure segment, which continues to see strong growth driven by rising domestic demand and capacity expansion across core sectors.

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Shyam Metalics Unveils Rs 100 billion Capex Plan Under Vision 2031

Company targets Rs 400 billion topline by 2031 with 2.5x revenue growth

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Shyam Metalics and Energy Limited (SMEL) has announced its Vision 2031, outlining a Rs 100 billion capital expenditure plan to expand capacity and achieve a topline of Rs 400 billion by 2031—a 2.5x revenue growth from current levels.
The company plans to enhance its integrated operations by focusing on high value-added and downstream products, including specialty steel, stainless steel, flat products, and aluminium. It also aims to strengthen its presence across key sectors such as defence, railways, engineering, and infrastructure.
SMEL will leverage brownfield expansions in West Bengal, Odisha, and Madhya Pradesh to optimise capital efficiency and minimise execution risk. The Vision 2031 roadmap underscores the company’s commitment to sustainable, value-driven, and capital-efficient growth across the metals sector.

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Tata Steel, Air Water India Ink 20-Year Deal for Jamshedpur ASU

Partnership to operate 1,800-tonne daily oxygen unit enhances steel efficiency

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Tata Steel has signed a 20-year agreement with Air Water India Private Limited (AWIPL) to operate and maintain its advanced Air Separation Unit (ASU) in Jamshedpur. The partnership aims to boost Tata Steel’s industrial gas infrastructure and improve efficiency through the use of cutting-edge cryogenic technologies.

The agreement was signed between Peeyush Gupta, Vice President (TQM, GSP & SC), Tata Steel, and Kausik Mukhopadhyay, Managing Director, AWIPL. Under the contract, AWIPL will manage operations of the ASU, which can produce 1,800 tonnes of oxygen per day, along with nitrogen, argon, and dry compressed air. These gases are critical to Tata Steel’s blast furnaces and steel melting operations.

The ASU is currently in the stabilisation phase and will be officially handed over to AWIPL next month. The collaboration leverages AWIPL’s global expertise in cryogenic operations, particularly from its facilities in Japan, ensuring world-class maintenance and reliability.

The initiative underscores Tata Steel’s focus on integrating sustainable and efficient technologies across its facilities, aligning with its long-term commitment to responsible steelmaking and operational excellence.

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