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Home Steel News Tata Steel UK formally closes major steel production operations in Port Talbot
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Tata Steel UK formally closes major steel production operations in Port Talbot

14 Oct 2024 16:22 reported by Eva Chen

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Tata Steel UK closed its No. 5 blast furnace and Morfa coke oven in Talbot Port, Wales, in early July this year. On September 30, Tata Steel UK shut down the No. 4 blast furnace, which means that the largest steel plant in the UK has ended its main steel production activities in Talbot Port. At present, they only have one small hot and cold strip steel mill left, which uses imported steel billets for rolling.

The main reason for closing the blast furnace is that the company is currently losing money almost every day. However, Tata Steel UK and the British government said they are actively seeking solutions. Tata Steel UK plans to invest 1.25 billion pounds to build an electric furnace plant, and the British government will provide it with 500 million pounds of financial support. They plan to build advanced electric furnaces and formulate a national steel industry development strategy in order to gain a favorable position in future market competition. Tata Steel UK expects to resume production in 2027-2028.

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Metal Price Index

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  • Created with Highcharts 4.0.41. Apr1. May1. Jun2400260028003000
  • Created with Highcharts 4.0.41. Apr1. May1. Jun2200240026002800
  • Created with Highcharts 4.0.41. Apr1. May1. Jun800085009000950010,00010,500
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LME Official Bid Price

  • USD / MT
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  • 3 Months
  • Zinc
  • 2,679.50
  • 2,715.00
  • Aluminum
  • 2,460.00
  • 2,468.00
  • Copper
  • 9,532.00
  • 9,532.50
  • Nickel
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  • 15,500.00

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