Tata Steel on track for green steel transition in UK and Netherlands: Chairman N Chandrasekaran
expects to complete its transition to
low-emission steel production
in the UK and the Netherlands as scheduled, Chairman N Chandrasekaran told shareholders at the company's 118th Annual General Meeting on Wednesday.
'We remain confident that the transition to
green steel
making in the UK and the Netherlands will happen as per our plans, in the next few years,' he said.
UK operations move towards Electric Arc Furnace technology
In the UK, Tata Steel has taken steps toward low-emission steelmaking by decommissioning two blast furnaces at its
Port Talbot site
. The company plans to introduce Electric Arc Furnace (EAF)-based steelmaking by fiscal 2028. This transition is supported by £500 million in funding from the UK government.
As per a PTI report, upstream operations in the UK have been shut. Tata Steel is now using substrates from its operations in India and the Netherlands to meet existing customer requirements in the UK. The Port Talbot plant has an annual capacity of 3 million tonnes.
Dutch unit seeks government support
In the Netherlands, Tata Steel is in discussions with the Dutch government for financial and policy support for its
decarbonisation plan
. The company has also launched a cost transformation programme targeting savings of €500 million by fiscal 2026. It aims to make
Tata Steel Nederland
one of Europe's more efficient and sustainable steelmakers.
The company's plant at IJmuiden produced around 6.75 million tonnes of liquid steel in FY25. Under its green steel transition plan, one of the two blast furnaces at the site is set to be replaced with a Direct Reduced Iron furnace and an EAF by the end of the decade.
During the AGM, Chandrasekaran said
Ratan Tata
's commitment played a key role in Tata Steel's growth into a global company and in strengthening its core values.
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