Tata Steel UK, subsidiary of Indian steel producer Tata Steel, has announced that it will invest £5 million in state-of-the-art electric induction furnaces to reduce carbon emissions at Corby steelworks by at least 2,000 metric tons a year.
The new induction furnaces will replace the existing ones that first came into operation in 1980. Replacement works will be carried out in a two-week period at the end of October 2023.
Tata Steel aims to become net zero globally by 2045.
