Tata Steel has unveiled a 7-million pound investment plan for its Hartlepool Tube Mill in northeast England. The investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata's Port Talbot steelmaking site in South Wales.
All of the steel products made at the site, where almost 300 people work producing up to 200,000 tonnes of steel tubes a year, are 100 percent recyclable and the investment is forecast to pay for itself in less than three years.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.
| Company Name | CMP |
|---|---|
| Tata Steel | 213.30 |
| JSW Steel | 1275.95 |
| SAIL | 182.60 |
| Jindal Stainless | 736.35 |
| APL Apollo Tubes | 1945.70 |
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