24 March 2026
Corporate News

WATCH: A Defining Moment for Britain's Steel Future

Rajesh Nair being interviewed by BBC Wales

Ministers launch Steel Strategy from inside Britain's biggest steelworks

In the latest video on Tata Steel UK's YouTube channel, the company takes viewers you inside Port Talbot steelworks at a critical turning point for the UK steel industry—one that could reshape the backbone of UK manufacturing.

The UK Government has unveiled its Steel Strategy, backed by decisive trade action designed to shield British jobs, strengthen domestic production, and push back against the tide of cheap global imports.

In this special report, we hear directly from the people at the centre of this seismic shift. They speak candidly about what this moment means for the industry’s survival, its competitiveness, and its transition toward a low‑carbon future.

Peter Kyle MP, Secretary of State for Business and Trade, said: “Increasingly, people will look at the steel industry and look at it as a modern future-facing industry embracing technologies like AI, creating really great jobs.

“You have a government on your side that matches the ambition that you have for your own sector.”

Chris McDonald MP, Industry Minister, added: “I have never seen a change as big as this one – this is massive-scale engineering. I am in awe of the capability of the project team and engineers. 
“We’re making very high quality steels, we’re doing it efficiently…we can’t have that undercut by other governments subsidising their industries. 
“The UK government is standing beside the industry to create a fair and level playing field that will allow the investment to come in.”

Jo Stevens MP, Secretary of State for Wales concluded: “This isn’t just about Port Talbot, this is about…Shotton, Trostre and Llanwern; it’s about laying the foundations for the steel industry in Wales for the future - half of the steel used in the UK will be made in Wales. People can see an industry and a government that are aligned in terms of their ambition for steel.”
“We’re making sure there is the opportunity for people to not just live here, but learn here, earn here and build their careers here.”

And the announcement on the Steel Strategy and UK Trade measures was welcomed by Tata Steel UK CEO Rajesh Nair, saying: "We have been at a disadvantage for a very long time with respect to other geographies, other nations and other economies, and hopefully this is the right way to make the playing field more level." 

This isn’t just policy. It’s the future of a sector that underpins communities, manufacturing, and national resilience.

 

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About Tata Steel UK

  • The Tata Steel Group has been named one of the most ethical companies in the world, and is among the top producing global steel companies with an annual crude steel capacity of 34 million tonnes.
  • Tata Steel in the UK has the ambition to produce net-zero steel by 2045 at the latest, and to have reduced 30% of its CO2 emissions by 2030.
  • In October 2024, Tata Steel ceased ironmaking at its Port Talbot site and temporarily paused steelmaking pending the construction of a 3.2Mtpa Electric Arc Furnace, due to be commissioned late in 2027 / early 2028. For that period, the business will import slab and hot rolled coil to support manufacturing and distribution operations at sites across Wales, England and Northern Ireland as well as Norway, Sweden, France, Germany and UAE. It also benefits from a network of sales offices around the world.
  • Throughout 2024 Tata Steel UK has been undergoing a restructuring that will reduce the size of its workforce to around 5000 direct employees, supplying high-quality steel products to demanding markets, including construction and infrastructure, automotive, packaging and engineering.
  • Tata Steel Group is one of the world's most geographically-diversified steel producers, with operations and a commercial presence across the world.
  • The group recorded a consolidated turnover of around US$26 billion in the financial year ending March 31, 2025.
  • Tata Steel has long played a key role in enabling the UK economy to become more circular. Its products are highly durable, reusable and recyclable, It applies a sustainability assessment tool during its new product development process to measure the sustainability credentials of its new offerings.
  • More information about the crucial role that Tata Steel UK already plays in driving the UK to a more circular economy, and its plans to play an even greater role, can be found in its recently-published Sustainability Report covering 2023-2025.

     
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