Tata Steel: Why are jobs being axed at Port Talbot? | EXPLAINED

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Daily Express

Daily Express

Күн бұрын

Tata Steel has confirmed plans to close blast furnaces at its plant in Port Talbot, South Wales, with the loss of 2,800 jobs.
About 2,800 jobs will go over the next 18 months, with a further 300 to be lost.
Tata said in a statement: “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."
Continue reading at express.co.uk: Huge blow to famous UK seaside town as 2,800 job losses confirmed
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Пікірлер: 39
@gregorymalchuk272
@gregorymalchuk272 6 ай бұрын
You can't produce virgin steel with arc furnaces, only blast furnaces. This is a national security issue. Nationalize the blast furnace or guarantee the sales through tariffs.
@gavinsmith9564
@gavinsmith9564 6 ай бұрын
Brexiteers said leaving the EU was necessary to protect the steel industry. Port Talbot should invite the Brexiteers to the closing ceremony to look the workers in the eyes.
@cts4044
@cts4044 6 ай бұрын
Would have been worse if we were still in the EU. Also, significant damage was done well before Brexit by Chinese steel dumping!
@SPQSpartacus
@SPQSpartacus 6 ай бұрын
@@cts4044Would have been worse? How? But I guess you can decieve yourself forever. Keep waiting for the unicorns mate… I live in the EU, and thank you for the thousands of Jobs and billions in investments that moved to us after Brexit insanity. Really helpful in these troubled times.
@cts4044
@cts4044 6 ай бұрын
@@SPQSpartacus LMAO. No, they didn't! 🤣 The only things that moved to the EU are illegal islamist immigrants. The EU is faltering and even Germany wants to leave it's stupidity because they are bankrolling all the idiot states.
@michaelmattern8188
@michaelmattern8188 6 ай бұрын
According to the Welsh first minister its Brexit. Not happening to Tata in Europe, only Wales.
@Ashishcsify
@Ashishcsify 6 ай бұрын
I belive Tata must come out with Something and save those 3,ooo job because time is bit Hard and even the British Government must impose huge senction on imported steel that only can save these Jobs
@user-eu4zy6rm3l
@user-eu4zy6rm3l 4 ай бұрын
lack of investment for over 60yrs, by Labour and Tory governments. Germany, China, Korea and Japan all helped their steel industry invest in new technology. UK didn't, due to Nationalisation.
@DOCTORDROTT
@DOCTORDROTT 24 күн бұрын
Been making massive loses for at least 50 years. Strikes in the late 1960's did not help. When I first worked their there was 30,000 people working there. British Steel / Corus and now TATA have found its a lost cause. Energy prices and a green agenda has killed it. All the open cast coal is now shut down . One thing that has been kept quiet, what abouts its customers ? Trostre for example. There is over capacity in Europe and much cheaper Chinese steel is imported now. The inability to make raw steel in the UK is a major mistake in the event of future conflicts. There are far too many non productive staff at this steelworks these days . I don't think Electric Ark will happen , why would TATA spend millions when there is over capacity within the company.
@xavierhucklenbruch1798
@xavierhucklenbruch1798 6 ай бұрын
More brexit lies... more tory lies ....
@michaelmoran1964
@michaelmoran1964 6 ай бұрын
Fxxx all to do with Brexit don't be telling Fekin Liies
@christinepayne5206
@christinepayne5206 6 ай бұрын
tata going green labour want green to net zero
@DOCTORDROTT
@DOCTORDROTT 24 күн бұрын
This plant has been losing money for a very long time, I have worked in there in the transport industry. I started in 1974 and it was in trouble then
@dw8931
@dw8931 6 ай бұрын
Brexit is wonderful, and everyone is rejoicing, just as Jacob Rees-Mogg foresaw it.
@justmeEnglandUK
@justmeEnglandUK 6 ай бұрын
I remember heavy UK engineering contracts being put out across Europe by EU law the British government following EU law to the letter . Resulting in major UK government heavy engineering projects being manufactured in Italy . The previous UK supplier soon went bankrupt due to the lack of work . One project supplied by Italian heavy engineering company used Chinese steel . Once one of the structure had been fitted in the UK it bacame clear the quality of the joints was unacceptable . Cracks formed and repair work covered up the issue by the Italian contactor. A few year later more defects became more obvious and the UK tax payer then ended up funding a twenty year repair program on the Italian made Chinese steel structure . We lost a long established Scottish engineering company British steel lost the contract to supply British steel . How many EU tenders did British companies win . This has been planed to systemically closing down UK business and it's ability to be self sufficient by artificial manipulating UK markets with EU rules . The EU has done this in ever sector across the UK energy sold off to EU corporations we have some of the most expensive energy in the EU produced by EU corporations funded by UK tax subsidies and all profits go out of the UK . UK is hemorrhaging cash into EU utility company bank account with no investment in UK capacity to meet UK demand .
@dw8931
@dw8931 6 ай бұрын
@@justmeEnglandUK Yeah, sure, it's all the bad, bad EU. How convenient...
@cts4044
@cts4044 6 ай бұрын
We all know we are in this situation because the EU never took action on cheap Chinese steel dumping. Then after Brexit the expectation was that the UK will be able to stop China and revive the industry but it didn't! Tata clearly didn't want to have to axe any jobs. It is not their general policy to have people lose their jobs. Tata is run by a large moral compass with over 66% of their group shares being given to their charitable organisations and is considered the most trustworthy/reliable employer by many.
@simongilbert2704
@simongilbert2704 6 ай бұрын
put the new furniss in first ;;
@nicholasviney5975
@nicholasviney5975 6 ай бұрын
Are we at net zero yet
@aintree0000
@aintree0000 6 ай бұрын
BREXIT
@christinepayne5206
@christinepayne5206 6 ай бұрын
tata going green
@DOCTORDROTT
@DOCTORDROTT 24 күн бұрын
How come it was making huge losses in the 1970's then. 30,000 workers when I first went there in 1975. British steel = losses, Corus = losses Tata losses = £1million Euro per day . Net zero is the final nail.
@mikw8597
@mikw8597 6 ай бұрын
Didn't that Jester Nigel Furidge say that "we needed to leave the EU to protect jobs in the steel industry". And people believed him. At least those workers got their sovereignty back.. whatever that means
@dantownsend4246
@dantownsend4246 5 ай бұрын
Ah the cost of breaking free of the shackles of the EU. Freedom, freedom at last. Now workers free to find other jobs
@poppyjons56874
@poppyjons56874 6 ай бұрын
we need steel to defend our selfs remember SHOTTON
@iancoles1349
@iancoles1349 6 ай бұрын
Prob same as the coal industry cheaper to import the stuff.
@DOCTORDROTT
@DOCTORDROTT 24 күн бұрын
correct
@campbellmorrison8540
@campbellmorrison8540 6 ай бұрын
As painful as it is for those affected we are going to have to make more of these decisions in the future. Saving old jobs is not saving our environment, the environment cant be retrained workers can.
@RobLocksley
@RobLocksley 6 ай бұрын
It is just their excuse, they are only thinking economically not environmentally - a company works only for the bottom line...
@anthonyfrancis2374
@anthonyfrancis2374 6 ай бұрын
You can't retrain if there's nothing to retrain for.
@PAWANSINGH-pl2dw
@PAWANSINGH-pl2dw 5 ай бұрын
But China got opportunity ... They will make more Cheaper Stell and Sell in Britain and Europe ....
@johndean1634
@johndean1634 6 ай бұрын
Seem to remember them getting a massive amount of UK Money £500 Million if my memory is correct. To protect jobs in Port Talbot in September 2023. Does this mean we are going to get a refund of Millions now off TATA. Actual report. UK government has agreed a £500m support package for Tata Steel to secure the future of the Port Talbot steelworks, in a deal unions said will have “devastating consequences”, with as many as 3,000 workers expected to lose their jobs.
@cts4044
@cts4044 6 ай бұрын
Tata spent £5 billion to fix things. We all know we are in this situation because the EU never took action on cheap Chinese steel dumping. Then after Brexit the expectation was that the UK will be able to stop China and revive the industry but it didn't! Tata clearly didn't want to have to axe any jobs. It is not their general policy to have people lose their jobs. Tata is run by a large moral compass with over 66% of their group shares being given to their charitable organisations and is considered the most trustworthy/reliable employer by many.
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