Overview
- Tata Steel plans to cut 2,800 jobs from its UK workforce and close both blast furnaces in Port Talbot, South Wales.
- Steelworkers from South Wales have traveled to Westminster to lobby MPs over the job cuts and closure plans.
- Tata Steel has said its current operations are financially unviable and it will focus on producing greener steel, with plans to build a £1.25bn electric arc furnace after the UK government contributed £500m towards its cost.
- Unions and workers are calling for at least one blast furnace to remain operational until the electric furnace has been built, expressing distrust in Tata's plans and fear for the local economy.
- Welsh Government economy minister Vaughan Gething has suggested that hundreds of millions of pounds of additional Government investment is needed to secure the future of Wales’s steel industry.