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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-14 03:52:54 UTC

Tata Steel (TATASTEEL)
on NSE: XXXXXX (+0.15%)

Tata Steel Breaks Ground on Landmark Electric Arc Furnace at Port Talbot

View: Positive

Tata Steel initiated construction of a new Electric Arc Furnace facility at Port Talbot, Wales, as part of a £1.25 billion green transformation project. The EAF, set to be operational by 2027, aims to reduce carbon emissions by XX% and produce X million tonnes of steel annually using UK-sourced scrap. This investment, supported by £500 million from the UK Government, is expected to secure XXXXX direct jobs and bolster the UK steel industry. The project involves collaborations with technology providers Tenova, ABB, and Clecim, with Sir Robert McAlpine as the main contractor.

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#Stocks #Market #TATASTEEL

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