UK’s largest steelworks Port Talbot at risk with 4,500 jobs at stake

Fears: Port Talbot plant [Image: Daily Mirror].

Britain’s largest steelworks is at risk of closure with thousands of jobs at stake.

Union leaders and local politicians are calling for bosses Tata to come up with an urgent rescue plan for Port Talbot, warning: “It is 10 minutes to midnight.”

The plant in South Wales is the country’s biggest steel plant, employing 4,500 people and thousands more in the supply chain.

Closing the site would be a hammer blow for the UK’s beleaguered steel industry which has lost thousands of workers in the last three months.

Union leaders at Port Talbot are urging the management to come forward with an emergency plan to save the plant, which is reportedly losing £1million a week.

The steel industry has been struggling because of high energy costs, a downturn in the global market and the dumping by China of cheap exports.

There are now fears Port Talbot could follow Scunthorpe, where Tata is cutting 1,200 staff, and Redcar where SSI shut the plant with the loss of 1,700 jobs.

Source: UK’s largest steelworks Port Talbot at risk with 4,500 jobs at stake – Mirror Online

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2 thoughts on “UK’s largest steelworks Port Talbot at risk with 4,500 jobs at stake

  1. Pete B

    The Tories are achieving something that the Third Reich could only dream of.Destroying British Steel in its entirety.

    No bombs are needed with Osborne around giving power station contracts to the Chinese.Perhaps he will outsource the Military next,private is best you know?

  2. Emma-Jayne

    There’s a piece in today’s Private Eye which says the government consistently opposed European measures to protect the steel industry from Chinese dumping, hadn’t paid attention to warnings and not taken full advantage to state aid rules to support UK industry. It claims that while Vince Cable secured funding Osborne sat on the cash. The article suggests Michael Fallon was too busy giving away Royal Mail to worry about steel.

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