TATA Steel

[Defender 4x4]

How many millions has this country pumped into this Indian company ? If TATA steel ever gets a company into profit have they got an obligation to repay these "loans" I never want to see a steel works go the way of Redcar but Tata seem to come with a begging bowl on a regular basis.

 

[ThePrisoner]

Probably linked eventually to Sunak's wife.

 

[RedcarLad]

Should be renationalised, end of.

 

[Way_Out_West]

Thankfully we got out of the EU so we're able to provide this support to UK businesses like Tata. Shame it came too late for Redcar.

 

[Badonde]

£500m is just a drop in te ocean.
The greening of steel is a race the UK is losing but it didn’t need to be this way. Germany has invested over $53 billion in decarbonising heavy industry and has committed to work with unions and protect jobs.

 

[Badonde]

I fear the jobs lost at Port Talbot will run into the thousands.
This country certainly is creaking at the moment.

 

[ThePrisoner]

£500m is just a drop in te ocean.
The greening of steel is a race the UK is losing but it didn’t need to be this way. Germany has invested over $53 billion in decarbonising heavy industry and has committed to work with unions and protect jobs.

How do you decarbonise steel making?

 

[Cress]

Electric arc furnace
Can’t make all steels, so import.
Burn a load of heavy oil on the ships to not burn a bit coal here. Only caring bout profit, not workers, national security, community etc.
Shareholders get paid.
Carbon savings to be made via insulation
public transport, jumper wearing
, hydrogen etc

 

[MVBoro]

I think BMW also got a load of gov money to make mini's in the UK. I think they are a profitable company so not sure why the government is bending over backwards to help them.

 

[Anton_Berg]

There seems to be a popular myth amongst the 'green' elites that electric arc furnaces are the answer to their prayers.
It is an 'old hat' technology, invented about a century ago. Cleveland works near Grangetown had, iirc, two of these beasts, but they're not there npw. How 'green' it was depended on how you generated the power they consumed.
Moreover, if you make steel without carbon, then surely it's not steel?
Edit
P.S. just listened to Stephen Kinnoch on the radio talking about his 'cast iron committment' to a Welsh electric arc plant. The irony.

 

[Expat Smoggie]

How do you decarbonise steel making?

They’ll be decarbonizing volcanoes next lol

 

[newyddion]

How do you decarbonise steel making?

Tata Steel did it on Teesside..

 

[asredastheycome]

£500,000,000 to TATA Steel and another £500,000,000 to build a battery plant down South.

Why didn't TATA spend some of the huge profits they made selling the Emissions Vouchers they held when Redcar closed.