Tata Steel To Close UK Plant’s Blast Furnaces, Likely To Cut 2,800 Jobs
11 months ago

Tata Steel To Close UK Plant’s Blast Furnaces, Likely To Cut 2,800 Jobs

ABP News  

Tata Steel announced on Friday that it will be closing its two blast furnaces in the UK Plant by the end of this year as a part of its restructuring plan, according to a news agency Reuters report. These closing of the plants are part of Tata Steel’s plan to turn around its loss-making UK steelmaking business by switching to lower carbon electric arc furnaces. Tata Steel said that about 2,500 roles were likely to be impacted in the next 18 months, with 2,800 jobs affected overall, and the company would try to maximise voluntary redundancies. “We must transform at pace to build a sustainable business in the UK for the long-term.” More than 8,000 people work for Tata Steel in the UK, but the warning that as many as 3,000 of those jobs are expected to be affected came in September when the government also announced a funding package to help safeguard 5,000 jobs.

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History of this topic

Tata Steel workers 1.5 more likely to die before retirement than average Dutch: report
2 weeks, 1 day ago

Tata Steel workers 1.5 more likely to die before retirement than average Dutch: report

NL Times  

Employees of Tata Steel have a 1.5 times higher chance of dying before retirement than men of the same age in the rest of the Netherlands, EenVandaag discovered based on its own research. “This is not a few people, this is really about a lot of people.” Towards 2010, the number of dead Tata Steel employees starts to increase. “Tata …

Govt policy, aid must to cut Indian steel industry’s emissions: Tata Steel MD
1 month, 2 weeks ago

Govt policy, aid must to cut Indian steel industry’s emissions: Tata Steel MD

Live Mint  

The government must provide fiscal and policy support if the steel industry were to bring down emissions, Tata Steel Ltd managing director T.V. In Europe, the customers are willing to pay more for green steel; the regulation encourages you to reduce your CO2 footprint Steel produced in India is the dirtiest in the world, emitting upwards of 2.6 tonnes of …

After Port Talbot, is there any hope for British steel?
3 months, 1 week ago

After Port Talbot, is there any hope for British steel?

The Independent  

The government has announced a “new improved” arrangement with Tata, the conglomerate that owns the Port Talbot steelworks, confirming a £500m grant which will go towards building a greener electric arc furnace. The GMB and Community – unions which are represented at Port Talbot – have said the new deal is better than what went before but is still “not …

Workers at UK’s biggest steel plant get better severance deal ahead of green transition
3 months, 1 week ago

Workers at UK’s biggest steel plant get better severance deal ahead of green transition

Associated Press  

LONDON — Britain’s government unveiled on Wednesday details of a new support package for workers who face losing their jobs at the country’s biggest steel plant ahead of its transition to a greener way of production. Business Secretary Jonathan Reynolds said workers at the Port Talbot Steelworks in south Wales, owned by India’s Tata Steel, will be offered improved severance …

Tata Steel may go for early closure of blast furnaces at Port Talbot
5 months, 3 weeks ago

Tata Steel may go for early closure of blast furnaces at Port Talbot

The Hindu  

Tata Steel Ltd. on Friday said it may go for early closure of blast furnaces at Port Talbot owing to the impending strike by Unite Union. “Following the announcement by Unite Union to unilaterally call strike action from 8 July, Tata Steel is unfortunately forced to commence legal action to challenge the validity of Unite’s ballot,” a company spokesperson said …

Tata Steel UK begins legal action against union strike, fears plant closure
5 months, 3 weeks ago

Tata Steel UK begins legal action against union strike, fears plant closure

Deccan Chronicle  

London: Tata Steel on Friday said it is being forced to commence legal action to challenge the validity of a steelworkers’ union strike ballot, as it warned that its blast furnaces at Port Talbot may have to pause operations amid the industrial action. “Following the announcement by the Unite Union to unilaterally call strike action from July 8, Tata Steel …

Tata Steel's UK workers to strike over job cuts and blast furnace closures
6 months ago

Tata Steel's UK workers to strike over job cuts and blast furnace closures

Hindustan Times  

Tata Steel’s workers in the UK will begin an "indefinite strike" from July 8 in protest over the company's plans to cut jobs, marking the UK’s first strike by steelworkers in 40 years. Tata Steel's Port Talbot steel production plant is seen at night time Around 1,500 workers based in the Port Talbot and Llanwern steel plants will begin an …

Labour reiterates call for Tata to keep furnaces running until after election
6 months, 2 weeks ago

Labour reiterates call for Tata to keep furnaces running until after election

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour has reiterated calls for …

UK workers' union to proceed with industrial action at Tata Steel plants
6 months, 3 weeks ago

UK workers' union to proceed with industrial action at Tata Steel plants

Business Standard  

Since the plan was announced earlier this year, the company said it had held seven months of formal and informal discussions with the UK trade unions about the major transformation. Photo: Bloomberg A steelworkers' union has announced plans to proceed with industrial action of around 1,500 Tata Steel employees based at Port Talbot and Newport Llanwern in Wales in protest …

Tata Steel UK to shut blast furnaces, rejects unions' proposal
7 months, 4 weeks ago

Tata Steel UK to shut blast furnaces, rejects unions' proposal

Live Mint  

Mumbai: Tata Steel Ltd on Thursday said that it will proceed with its £1.25 billion electric arc furnace project at its Port Talbot plant to replace two aged blast furnaces, rejecting a plea by UK unions to keep a furnace running to prevent job losses. {{^adFree}} {{/adFree}} The proposal to maintain one blast furnace through the transition would have incurred …

Tata protests: Steelworkers at UK’s largest production plant vote to strike over job losses
8 months, 2 weeks ago

Tata protests: Steelworkers at UK’s largest production plant vote to strike over job losses

New Indian Express  

LONDON: Steelworkers at Britain’s largest steel production plant voted to strike for the first time in around 40 years to protest the planned loss of 2,800 jobs by Indian owner Tata Steel, union officials said Thursday. In January, Tata said it would close both blast furnaces at Port Talbot as part of plans to make its unprofitable U.K. operation leaner …

Tata Steel proposes additional support package of 130 million pounds for Port Talbot workers in UK
10 months, 2 weeks ago

Tata Steel proposes additional support package of 130 million pounds for Port Talbot workers in UK

Live Mint  

For the workers who would be affected as part of its transition plan in the United Kingdom, Tata Steel has proposed an additional financial 'support package' of around 130 million pounds, reported PTI on 4 February. {{^adFree}} {{/adFree}} The company drafted a decarbonization plan for Tata Steel UK to reduce carbon emissions and save energy costs including installing new plant …

Tata Steel job losses ‘tip of the iceberg’, union official warns
10 months, 3 weeks ago

Tata Steel job losses ‘tip of the iceberg’, union official warns

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Politicians, unions and executives from steel giant Tata are …

Tata Steel to cut 2,800 UK jobs, shut down 2 blast furnaces at Port Talbot
11 months ago

Tata Steel to cut 2,800 UK jobs, shut down 2 blast furnaces at Port Talbot

Live Mint  

The closures are part of the company’s plan to turn around its loss-making UK steelmaking business by switching to lower-carbon electric arc furnaces. Steelmaker Tata Steel said on Friday that it will shut down its two blast furnaces at its Port Talbot steelworks in Wales, Britain by the end of this year, which will result in the loss of up …

Tata Steel announces plans to cut 2,800 jobs in a blow to Welsh town built on steelmaking
11 months ago

Tata Steel announces plans to cut 2,800 jobs in a blow to Welsh town built on steelmaking

Associated Press  

LONDON — Indian firm Tata Steel announced Friday it will close both blast furnaces at its plant in Port Talbot, Wales, eliminating 2,800 jobs, as part of plans to make its unprofitable U.K. operation leaner and greener. The company said the switch would “reverse more than a decade of losses and transition from the legacy blast furnaces to a more …

Tata Steel expected to confirm plans to close furnaces at UK plant
11 months ago

Tata Steel expected to confirm plans to close furnaces at UK plant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tata Steel is expected to …

Unions threaten to shut down steelworks over 3,000 job losses
11 months ago

Unions threaten to shut down steelworks over 3,000 job losses

The Telegraph  

The steel giant, which is owned by Indian conglomerate Tata Group, on Friday said that about 2,500 jobs will be lost within the next 18 months. Another 300 redundancies are expected to be made in the next few years, which could include jobs at Tata Steel’s cold rolling operation in Llanwern in Newport, South Wales. The mass layoffs are part …

Tata Steel to cut 3,000 jobs in Wales: Report
11 months ago

Tata Steel to cut 3,000 jobs in Wales: Report

Hindustan Times  

Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source with knowledge of the plan said Thursday, as the industry struggles to finance greener production of the metal. Towards the end of last year, the UK government provided £500 million to fund the production of "greener" steel at the country's biggest steelworks, while saying …

Tata Steel to close Port Talbot blast furnaces in UK; 3,000 jobs at stake: Reports
11 months ago

Tata Steel to close Port Talbot blast furnaces in UK; 3,000 jobs at stake: Reports

Live Mint  

The company plans to shift to an electric-arc furnace-only site in a bid to reduce its carbon emissions and achieve net-zero targets. Tata Steel is reportedly shutting down its Port Talbot blast furnaces in the UK after rejecting a trade union plan formulated to keep its blast furnaces running. However, Tata Steel rejected the proposal finding it to be unaffordable …

British Steel to shut blast furnaces with up to 2,000 jobs at risk – report
1 year, 1 month ago

British Steel to shut blast furnaces with up to 2,000 jobs at risk – report

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy British Steel is planning to …

Announcement on future of Port Talbot steelworks jobs delayed
1 year, 1 month ago

Announcement on future of Port Talbot steelworks jobs delayed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We are committed to meaningful information and consultation process …

Thousands of job losses expected to be confirmed at Port Talbot steelworks
1 year, 1 month ago

Thousands of job losses expected to be confirmed at Port Talbot steelworks

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We believe our £1.25 billion proposal to transition to …

Around 3,000 jobs at risk at UK’s biggest steelworks despite government-backed package of support
1 year, 3 months ago

Around 3,000 jobs at risk at UK’s biggest steelworks despite government-backed package of support

Associated Press  

LONDON — Around 3,000 workers at Britain’s biggest steelworks face the prospect of losing their jobs as part of a government-backed package Friday to make the plant “greener.” The British government confirmed widespread speculation that it will pump up to 500 million pounds into the loss-making Port Talbot steelworks in south Wales, money it says will safeguard the future of …

Tata Steel Stock Gains Over 4 Per Cent Amid Reports To Secure Funds For UK Plant
1 year, 3 months ago

Tata Steel Stock Gains Over 4 Per Cent Amid Reports To Secure Funds For UK Plant

ABP News  

Tata Steel stock jumped over 4 per cent on Monday following a news report said that the company is in advanced talks to secure funds for its UK plant. The steel major is in advanced discussion with the UK government for around GBP 500 million in state-backed funding to support its Port Talbot plant, securing thousands of jobs in the …

Tata Steel unveils green investment plan for U.K. steel tube mill
2 years, 6 months ago

Tata Steel unveils green investment plan for U.K. steel tube mill

The Hindu  

Tata Steel has unveiled a 7-million pound investment plan for its Hartlepool Tube Mill in north-east England that the Indian steel major says will cut carbon emissions, improve capacity and reduce costs to strengthen its U.K. business. The investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata’s Port …

Tata Steel proposes 1 billion pound UK rescue: Report
4 years, 4 months ago

Tata Steel proposes 1 billion pound UK rescue: Report

Live Mint  

Tata Steel has proposed that the U.K. government invest more than 900 million pounds to take a stake in its British operations and protect the Port Talbot steelworks in Wales. Tata Steel Ltd. has proposed that the U.K. government invest more than 900 million pounds to take a stake in its British operations and protect the Port Talbot steelworks in …

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