Tata Steel UK, has recently declared that it has reached an agreement to sell its Clydebridge and Dalzell steel facilities in Scotland. The deal involves the sale of the two plants to the Scottish Government which would then sell them on to Liberty House.
The agreement follows Tata Steelâs announcement in October 2015 that it would stop its European plate production, which led to the mothballing of the Dalzell and Clydebridge plants at the end of 2015. Rather than closing the facilities, Tata Steel has continued to maintain them to enable plate production to potentially restart in the future.
Bimlendra Jha, Executive Chairman of Tata Steelâs Long Products Europe business, said: âWe welcome this deal which opens the possibility of a resumption of steel processing in Scotland. This has been achieved with the determination and support of employees, trade unions and the Scottish Government all working together.â? The Dalzell plate mill transforms a semi-finished steel slab into a steel plate, while the Clydebridge facility processes steel plate using a quench and tempering technique.
