Tata Steel's ambitious low-carbon steel project in the UK is facing a significant delay. The commissioning of the new electric arc furnace at Port Talbot may be pushed back by six to eight months. This setback is due to delays in securing the necessary electricity infrastructure.

A fire erupted at Tata Steel UK's Port Talbot steelworks in Wales. Emergency services responded swiftly. Operations at a section of the plant were temporarily halted. All…

Tata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency services extinguished the blaze, the…