UK ministers award £1m EY contract to assess Tata Steel funding request
AI Summary- DBIST commissioned EY to assess Tata Steel UK’s request for additional Port Talbot project support.
- EY’s contract is understood to be worth £1 million, while Tata seeks hundreds of millions.
- Port Talbot’s final blast furnace closed in 2024, and its replacement is delayed until late 2028 or early 2029.