Tata Steel Closes Historic Steelworks in Britain

03 Oct 2024 CW Team

Tata Steel has officially ceased legacy steelmaking operations at its Port Talbot facility in the UK, marking a significant transition for the company and the steel industry. The closure affects essential production components, including the Sinter Plant and Blast Furnace 4, as Tata Steel shifts focus towards more sustainable practices. This strategic move involves the introduction of Electric Arc Furnaces (EAF), which aim to improve efficiency and reduce carbon emissions, aligning with global trends in green manufacturing.

The impact of this closure is profound, with approximately 2,800 jobs set to be lost, causing considerable concern within the local community and among employees. Trade unions have expressed their sorrow, describing the cessation of operations as a "poignant day" for British steelmaking, underscoring the emotional weight of this decision.

In response to the challenges posed by the transition, Tata Steel is engaging with the affected workforce and local stakeholders to outline plans for the new EAF technology, while still retaining some secondary steelmaking operations. Additionally, the UK government has pledged financial support and training programs to assist those impacted by the job losses.

Tata's commitment to this transition comes amid increasing scrutiny of the environmental impact of traditional steel production methods, emphasizing the need for greener practices in the industry. The shift from legacy processes to modern, sustainable solutions reflects a broader industry trend towards eco-friendly production and a commitment to reducing the carbon footprint of steelmaking in the UK and beyond.

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..