Tata Steel unveiled its transformation plans for a steel tube making site in the UK’s East Midlands, which the Indian steel major said will give the business the best chance of a strong future. Work has started at the 150-acre site at Corby, which produces vital products for everything from sports stadiums and iconic skyscrapers such as the Shard in London, to hospital beds and renewable green energy schemes around the world. Workers at the site produce steel tube products from steel made at the company’s Port Talbot works in Wales.
“Steel is, and will continue to be, an essential part of the UK’s plans to decarbonise for the future,” said Sandip Biswas, Chairman of Tata Steel UK Ltd. “We need to ensure we are able to make and supply the products right here in the UK which will help transition to a net-zero future,” he said.
Under the transformation plans, manufacturing processes on the site will be brought closer together as part of a 25-million pounds scheme which is being paid for in part with the sale of land freed up by the changes as well as savings from operational improvements.
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