TATA STEEL TO INVEST IN A NEW PLANT IN THE UNITED KINGDOM

The UK’s largest steelmaker, Tata Steel, has announced that it will invest tens of millions in a new plant in Corby, Northamptonshire. The site, which produces vital products for everything from sports stadiums and iconic skyscrapers, such as the Shard in London, to hospital beds and renewable green energy schemes around the world, processes steel manufactured at Port Talbot in South Wales.

Tata Steel’s commercial director, Anil Jhanji, says, “This key investment is part of a wider investment in our Corby site designed to give it the best possible future. We will continue to operate the existing cold rolling mill while the new one is being built to ensure there is no impact on our customers. The new mill will also allow us to explore additional market opportunities while continuing to serve our existing customers.”

For his part, Nigel Chudley, who is leading the project, adds that “we have four mills at the site, the replacement will be one of the two cold-formed mills. This will produce cold-formed structural tubes in round and rectangular sections that are widely used in the construction and engineering industries. The plant will be capable of producing around 300,000 tons of an enhanced product offering to service these industries.”

Finally, Corby Works manager Gary Blackman adds, “This is an exciting investment that follows on from the recent £4 million we spent on a new state-of-the-art warehouse that is nearing completion. Both projects are part of a wider £30 million transformation program we are undertaking at Corby, consolidating the site into a smaller footprint and making our operations more efficient.”

The new plant is expected to roll steel into tubes that can be used in construction and various engineering applications, from agricultural machinery to bridges and heavy vehicles, and is expected to be completed by the end of 2023.

With this announcement, Tata Steel is strengthening its business in the United Kingdom. In addition, one of the four mills at Corby will be completely replaced with the best available technology, leading to higher efficiency, lower energy consumption and better availability for customers.