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28 October 2022

Tata Steel gets its first client for 'green' metal




Tata Steel has inked an agreement with American carmaker Ford to supply "zeremis green steel" from its Netherlands-based IJmuiden plant after the unit shifts to hydrogen-based steel making. In Europe, Tata Steel is working to switch to low-carbon technologies to manufacture steel in the UK and the Netherlands.
 
The company's both businesses Tata Steel UK and Tata Steel Nederland have been developing detailed plans for transition to low CO2 tech in line with the company's goal to produce CO2-neutral steel by 2050 in Europe, company's CEO & MD T V Narendran and Executive Director and CFO Koushik Chatterjee earlier said.

Source Link : https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tata-steel-gets-its-first-client-for-green-metal/articleshow/95107437.cms
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