Tata Steel to invest £14m in Port Talbot

Tata Steel is investing more than £14m in its Port Talbot site, in South Wales, which will allow it to increase the capacity of the hot strip mill at the site by 150,000 tons per year. The company, which was ravaged by the crisis that hit the sector two years ago, has already invested £30m in the site last November, to replace a steelmaking vessel. Jon Ferriman, of Tata Steel, said the group was upgrading assets “to further improve production of high-value steels”.