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Tata Steel to begin UK low-carbon project in July 2025 Business

Tata Steel to begin UK low-carbon project in July 2025

Speaking further on the UK plan, the officials said the structural transition is also accompanied by a significant focus on cost rationalisation as the company plans to bring down its fixed costs further from 762 million pounds in FY2024-25 to 540 million pounds in the coming year. The reductions are based on optimising substrate costs, modernising IT infrastructure, rationalising downstream operations and eliminating corporate overheads. As part of its efforts to reduce carbon emissions, the company is transitioning from the blast furnace route to the low-emission electric arc furnace process, which will utilise the locally available scrap.

By Connect Gujarat Desk 08 Jun 2025
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