Uncertainty About the Future of Tata Steel IJmuiden Does Not Seem to Be over Yet.
2 Articles
2 Articles
There are no less than two billion euros of hard-earned Dutch tax money on the table. Two thousand million euros that the caretaker Jetten cabinet has set aside to 'make sustainable' Tata Steel's steel production in IJmuiden and to convert it to so-called green steel with hydrogen. And...
Thousands of employees and residents living near the Tata steel plant in IJmuiden will likely have to wait longer for clarity regarding the company's future. Tata is negotiating with the cabinet for 2 billion euros in government support to make the steel plant more sustainable. The agreements regarding this must be finalized by September 30 at the latest. A survey of people familiar with the negotiations reveals that the chance of this succeedi…
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