Business Economy


Tata Steel UK targets restart of hot strip mill after fire

Mumbai, Jun 6 (UNI) Tata Steel has officially informed the stock exchange that it plans to restart the Hot Strip Mill at its Pickle Line facility at its Port Talbot site in Wales, by the middle of next week, after a fire incident earlier this week.
Separately, Tata Steel UK Ltd stated that work has begun on a full assessment of the fire affected area.
The incident temporarily took the hot strip mill offline, and its teams plan to restart it by the middle of next week.
Supply chain teams have activated mitigation measures, including alternative processing through the Llanwern Cold Mill and Pickle Line, according to the statement.
The fire broke out at around 8 pm British local time on June 3, at one of the site's processing lines. The cause of the fire remains under investigation.
Tata Steel has stressed that the incident was unrelated to the safe demolition of an old gas holder conducted earlier on the same day.
The UK subsidiary is assessing the extent of damage and potential operational impact and stated that there were no injuries and all personnel were safely evacuated after emergency procedures were activated.
Local emergency services assisted in bringing the situation under control and major services were isolated to prevent the fire from spreading further, according to the statement.
“Tata Steel UK is currently assessing the cause of the fire, the extent of the damage, and any potential financial/operational impact,” the company said in its stock exchange filing, adding that it would pursue insurance claims where appropriate and work to meet customer requirements through alternate assets.
Tata Steel UK Ltd labour union Unite said the blaze caused “substantial damage” to a critical production line, although all workers were evacuated safely.
“Measures must now be put in place to protect jobs both at Tata and down the supply chain during any period of disruption,” labour union Unite General Secretary Sharon Graham said, urging the company and the UK government to restore operations as quickly as possible.
Tata Steel's Port Talbot facility is undergoing a major transition to lower-carbon steelmaking. Tata Steel halted iron-making operations at the site in October 2024 and is preparing to build a 3.2 million tonne-per-annum (tpa) electric arc furnace as part of its decarbonisation strategy.
UNI BA RN
More News

Figaro ropes in Sunil Grover for new campaign

15 Jul 2026 | 10:08 PM

Bengaluru, July 15 (UNI) Figaro, one of India's leading olive oil brands owned by global olive oil major Deoleo, on Wednesday unveiled a refreshed brand identity, redesigned packaging and a new nationwide campaign featuring actor-comedian Sunil Grover as it seeks to strengthen its position in India's growing olive oil market.

see more..

Siemens brings the future of Intelligent Home Living to Pune

15 Jul 2026 | 8:54 PM

Pune, July 15 ( UNI) BSH Home Appliances Pvt. Ltd., a subsidiary of BSH Hausgeräte GmbH and a global leader in premium home appliances, on Wednesday announced the opening of its exclusive Siemens Brand Store in Pune in partnership with Cheryl Enterprises Private Limited.

see more..

Adani Power inks PSA with MSEDCL to supply 1,600 MW of electricity

15 Jul 2026 | 7:27 PM

Mumbai, Jul 15 (UNI) Adani Power Ltd officially announced here on Wednesday that it has signed a 25-year Power Supply Agreement (PSA) with the state-run Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the long-term supply of 1,600 MW of electricity from a new ultra-supercritical thermal power plant.

see more..

15 Jul 2026 | 7:25 PM

New Delhi, Jul 15 (UNI) India’s imported inflation climbed to 8.13% in June 2026, reflecting the growing impact of global price pressures and reinforcing the need for exchange rate stability to prevent imported costs from feeding into domestic inflation, according to SBI Research’s latest Ecowrap report.

see more..

Stock Markets give up sharp morning gains, Sensex sheds 130 points

15 Jul 2026 | 7:06 PM

New Delhi, Jul 15 (UNI) The Indian Stock Markets on Wednesday ended marginally lower after giving up most of their sharp morning gains.

see more..