TATA STEEL said it will replace an old mill at its Corby site in Northamptonshire to improve the efficiency of steel processing and bring down carbon emission levels.
There are four mills at the site and the new facility will replace one of the two cold mills.
The Mumbai-headquartered steel major said it is investing “tens of millions” on the new mill, without specifying the spending on the project.
It, however, said the construction of the new mill is part of a wider £30 million transformation programme undertaken at Corby.
The company’s chief commercial officer Anil Jhanji said the current cold mill continues to function while the new one is built.
He said, “the new mill will also allow us to explore additional market opportunities while still serving our current customers.”
Expected to be completed by the end of next year, the new mill will roll steel into tubes that can be used in construction and various engineering applications - from farm machinery to bridges and heavy goods vehicles.
It will produce cold-formed structural tubes in both round and rectangular sections which are used in construction and engineering industries.
The mill can produce around 300,000 tons of an enhanced product offering to service these industries, according to Nigel Chudley who is leading the project.
Tata Steel, one of Europe's leading steel producers, has taken several measures in the UK to bring down carbon emissions and improve efficiency.
These involved upgrading its infrastructure and using bacteria technology to convert emissions into stock materials.
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UK EV sales hit record but miss targets
Jan 04, 2025
THE UK car industry sold a record number of all-electric vehicles in 2024 but still fell short of the government's mandated targets, an industry trade body said Saturday (4).
Battery electric vehicles made up 19.6 per cent of new cars sold last year, said the Society of Motor Manufacturers and Traders, which was below the government's 22-per cent target for carmakers.
The SMMT reported a "record annual volume" of 382,000 battery electric vehicles sold last year.
The automobile trade body had already warned in October that carmakers were at risk of missing government targets, with manufacturers facing government penalties of £15,000 ($18,625) per polluting vehicle sold above the limits.
However, the government has since assured that it expects all manufacturers to avoid the penalties in 2024 by taking advantage of flexibility mechanisms that will take into account, among other things, emissions reductions across the whole fleet.
The group's chief executive, Mike Hawes, said that while the market share of electric vehicles grew, this came at a "huge cost" to the industry.
He referred to the "billions invested in new models" supplemented by "unsustainable" incentives provided by the industry.
Hawes urged the government to review the mandate and to do more to stimulate private demand, including improving charging infrastructure.
The SMMT also warned that reaching the thresholds in 2025 will be "even more intense" with the mandates pushed up to 28 percent of cars sold.
There are also concerns over the Labour government's pledge to bring forward the ban on the sale of new petrol and diesel vehicles to 2030, after the previous Conservative government pushed it back to 2035.
Overall, the SMMT reported that the number of new vehicles registered in the UK increased to almost 2 million, up by 2.6 per cent year-on-year.
It said that growth was mainly driven by business purchases as demand from private buyers dropped.
Despite a second successive year of growth, the overall car market remains below pre-pandemic levels.
(AFP)
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FAST-FASHION online retailer Shein, which is hoping to list in London, faces a UK hearing on Jan. 7 where a British parliamentary committee plans to question the firm, founded in China in 2008, about the rights of workers in its supply chain.
The cross-party Business and Trade Committee will also question Temu, the global online marketplace owned by Chinese e-commerce firm PDD Holdings, as part of an inquiry into employment rights opened in October.
The committee, chaired by former Labour minister Liam Byrne, is examining the government's flagship employment rights bill in the context of protections for British workers. But it is also looking at how to ensure adequate protection against importing poor labour standards, including concerns over forced labour.
Shein's general counsel for Europe, Middle East and Africa (EMEA), Yinan Zhu, has been called to be a witness, an update on the committee website showed.
Stephen Heary, senior legal counsel at Temu, and Leonard Klenner, senior compliance manager at Temu, have also been asked to give evidence.
Shein declined to comment on the hearing. Temu was not immediately available for comment.
Both platforms, which sell clothes, shoes, gadgets and accessories at rock-bottom prices, have faced allegations of poor working practices at factories in China that make the products, and of forced labour in their supply chains.
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Margaret Beels, director of labour market enforcement at the Department for Business and Trade, was also asked to speak at the hearing, along with Independent Anti-Slavery Commissioner Eleanor Lyons, who last year raised concerns about Shein's London IPO.
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Air India crew strolled the busy sidewalks of Times Square
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Priced at £65, the whisky is now available across London.
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Chocolate maker Cadbury has been dropped from the list for the first time in 170 years, reported the BBC.
Companies granted the royal warrant, valid for up to five years, are recognised for supplying goods or services to the monarchy.
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