British Indian Steel Tycoon Reignites Mothballed Tata Furnace In UK


British Indian Steel Tycoon Reignites Mothballed Tata Furnace In UK

British-Indian steel tycoon Sanjeev Gupta has invited Prince Charles to reignite a furnace in northern England which had been mothballed by Tata Steel, its previous owners.

The N-Furnace at Liberty Speciality Steels in Rotherham, South Yorkshire, is an electric arc furnace which forms part of a multi-million-pound investment by Guptas Liberty House Group.

It is the larger of the Rotherham plants two electric arc furnaces mothballed by Tata Steel in 2015 at the height of the steel crisis.

Switching this furnace back on, after it had lain idle for more than two years, is a pivotal moment in the revival of UK steelmaking and we are very pleased His Royal Highness is able to share this hugely symbolic milestone with us, Gupta said. Read More…

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