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Tata Steel Port Talbot steelworks in peril – Report

Steel News - Published on Wed, 15 May 2019

Image Source: Nikkei Asian Review
The DailyMail reported that the future of the Port Talbot steelworks has been thrown into doubt as Tata Steel and Thyssenkrupp prepare to abandon their plans to merge. Mr Roy Rickhuss, general secretary of the steelworkers' union Community, said the news raises as many questions as answers and urged against knee-jerk reactions. He said “Now is the time for calm heads and a clear focus on the future of Tata Steel Europe. It's vital that the business is kept intact and the right steps are taken to safeguard jobs and continue investment to ensure a sustainable future.”

Tata Steel, which operates the Port Talbot steelworks and employs around 8,600 workers in the UK, said all options are on the table for its European business. However, it plans to operate the South Wales site as usual for now, and said there will be no immediate job cuts.

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Posted By : Rabi Wangkhem on Wed, 15 May 2019
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