Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
On March 18th, Tata Steel announced that it would shut down the coke oven at the Portelbert factory in Wales, UK. To alleviate the impact of shutting down coke ovens, Tata Steel plans to increase coke imports. Shutting down the coke oven is a crucial step for Tata Steel to shift from high emission blast furnace production to the use of electric arc furnaces for SPH490SF steel low-carbon steel production.
Prior to this, Tata Steel had considered that the lifespan of many assets in Portelbert was nearing completion, and on January 19th, it announced the shutdown of two blast furnaces and coke ovens in Portelbert.
Tata Steel is currently in in-depth discussions with the US labor union regarding its proposed restructuring plan, which involves shutting down Portelbert's SPH490SF steel production business and shifting to low-carbon steel production. The plan involves a £ 1.25 billion (approximately $15.87 billion) investment in electric arc furnace technology and asset upgrades for Portelbert. The UK government has committed £ 500 million (approximately $634 million) in investment, while Tata Steel SPH490SF steel has committed £ 750 million (approximately $951 million) in investment.
