Tata Steel to infuse $2.5bn in S’pore unit to boost Euro biz

Tata Steel is set to invest $2.5 billion into its Singapore-based T Steel Holdings to strengthen its European operations and reduce debt. This significant capital infusion will support the transformation of Tata Steel’s UK and Netherlands units, which are adapting to regulatory changes and decarbonization efforts by transitioning to electric arc furnaces.

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