Tata Steel has confirmed plans to close blast furnaces at its plant in Port Talbot, South Wales, resulting in the loss of more than 3000 jobs.
Around 2,800 jobs will be cut over the next 18 months, with an additional 300 to be lost on top of that.
Tata Steel statement confirming more than 3000 job losses
Tata Steel, in a statement on Friday (January 19), said: “Tata Steel today announced it will commence statutory consultation as part of its plan to transform and restructure its UK business.
“This plan is intended to reverse more than a decade of losses and transition from the legacy blast furnaces to a more sustainable, green steel business.
“The transformation would secure most of Tata Steel UK’s existing product capability and maintain the country’s self-sufficiency in steelmaking, while also reducing Tata Steel UK’s CO2 emissions by five million tonnes per year and overall UK country emissions by about 1.5%.”
More information to come...
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