Package would required firm to commit to building electric arc furnaces to reduce carbon emissions
The government is in advanced talks with the country’s largest steel producer, Tata Steel, over a £500m package to secure its long-term future in the UK, according to reports.
Funding would be pumped into the Port Talbot steelworks in south Wales alongside £700m from the firm’s Indian parent company, Tata Group, Sky News said.
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