Tata Steel to begin construction work of UK's low-carbon project this month

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Tata Steel is set to commence its low-carbon steel project in the UK this month. The project, valued at 1.5 billion pounds, includes 500 million pounds in UK government funding. Operations at the Port Talbot site are expected to begin by 2027. This transition involves moving to electric arc furnace-based steelmaking. Production in India, Netherlands, and Thailand remained relatively stable.