Global Trade Alert
Global Trade Alert

United Kingdom: Government approves funding to support Tata Steel’s investment in sustainable steelmaking at Port Talbot

Announcement

15 Sep 2023

In September 2023, the UK Government announced funding to support Tata Steel UK’s investment in a steelmaking facility.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Sep 2023

Revocation date:

No revocation date

Updated: 15 Sep 2023
Financial grant In force

On 15 September 2023, the UK Government announced a financial grant to Tata Steel UK worth GBP 500 million (USD 622.6 million) to support the company’s investment in a new electric arc furnace for ...

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