SBB 24 October Tata Steel intends to invest £4.5m ($7.2m) this year in energy efficiency measures at its engineering steels plants in South Yorkshire, UK, Steel Business Briefing learns. It hopes this will lead to a £850,000 reduction in its annual energy bills.
Around £2.5m will go on the steelmaking operations at Rotherham and a further £1m on quality inspection equipment at the bar mill. This will save a combined 9,000 megawatt hours of electricity annually, Tata says.
The remaining £1m will be used to upgrade a reheat furnace at its Stocksbridge plant, reducing gas consumption by 10,000 MWh per year. The investments will also cut carbon dioxide emissions by around 7,000 t/y, the company claims.