Tata Steel signs landmark deal for green steel transformation at Port Talbot

Tata Steel signs landmark deal for green steel transformation at Port Talbot

In a monumental shift towards sustainable steel production, Tata Steel has inked an agreement with Italian engineering giant Tenova to install an electric arc furnace (EAF) at its Port Talbot plant in Wales. This major investment, valued at GBP 1.25 billion, is a collaborative effort between Tata Steel and the UK government aimed at cutting […]

JSW Steel secures financing to modernize plate mill facility in Baytown

JSW Steel secures financing to modernize plate mill facility in Baytown

JSW Steel has secured $182 million in financing from Intesa Sanpaolo and Banco BPM to modernize its plate mill facility in Baytown, Texas. The Indian steelmaker entered into a long-term financing agreement in this connection with the two Italian banks through its subsidiary JSW Steel USA. According to JSW Steel, $70 million of the financing […]