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 that 3,000 jobs were still at risk. Port Talbot steelworks is the UK's single biggest carbon emitter, and the government has been looking to help Tata Steel and British Steel, run by Chinese group Jingye, to replace dirty blast furnaces. Experts have said green hydrogen could help the massively polluting steel industry, but producing the clean energy in large enough quantities requires significant investment.

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History of this topic

Tata Steel facing a potential 27 million euro fine and withdrawal of its permit
6 days, 6 hours ago

Tata Steel facing a potential 27 million euro fine and withdrawal of its permit

NL Times  

Tata Steel must significantly reduce emissions of harmful substances within eight weeks, otherwise the Noord-Holland steel manufacturer will be issued fines that could go up to 27 million euros. The environmental service also reported that it is "considering the step towards withdrawal of the permit" if Tata Steel's coking gas factory 2 still fails to meet the legal requirements in …

Speed up support for Tata Steel or jobs will go: FNV and GL-PvdA
2 weeks, 5 days ago

Speed up support for Tata Steel or jobs will go: FNV and GL-PvdA

Dutch News  

The government must make haste with financial support to enable Tata Steel in IJmuiden to comply with emission norms to prevent job losses and the decline of the country’s industrial base, trade union FNV and the GroenLinks-PvdA have told the government. Tata Steel IJmuiden needs billions of euros to make the transition from coal to green hydrogen but negotiations about …

Labor union, left-wing parties want state aid to help Tata Steel sustainability efforts
2 weeks, 6 days ago

Labor union, left-wing parties want state aid to help Tata Steel sustainability efforts

NL Times  

Trade union FNV and opposition party GroenLinks-PvdA are working on a letter urging the government to provide State Aid for Tata Steel’s sustainability transition before it is too late, NOS reports. The steel factory in IJmuiden must push billions into reducing its emissions, while also struggling with evaporating profit margins due to cheap steel from China and high energy costs. …

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 …

Tata Steel signs £500 million deal with UK government for Port Talbot
3 months, 1 week ago

Tata Steel signs £500 million deal with UK government for Port Talbot

Live Mint  

The UK government has awarded Tata Steel Ltd a £500 million grant for its green steel project in Port Talbot. Tata Steel Ltd has signed a £500 million grant funding agreement with the UK government for its £1.25 billion green steel project in Port Talbot. Jobs at stake Alongside its planned £750 million investment, Tata Steel has deployed its global …

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'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 …

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 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 …

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 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 …

Fears over jobs as British Steel confirms plans to shut blast furnaces
1 year, 1 month ago

Fears over jobs as British Steel confirms plans to shut blast furnaces

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 will close down …

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 …

British steel ‘the future, not the past’, Starmer vows during Port Talbot visit
1 year, 2 months ago

British steel ‘the future, not the past’, Starmer vows during Port Talbot visit

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 Sir Keir Starmer said that …

Labour promises UK steel industry will be ‘backed not abandoned’
1 year, 2 months ago

Labour promises UK steel industry will be ‘backed not abandoned’

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 Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Sir Keir Starmer will visit …

Tata Steel emissions cut lifespan of area residents by 2.5 months, says health institute
1 year, 3 months ago

Tata Steel emissions cut lifespan of area residents by 2.5 months, says health institute

NL Times  

Residents living in the region around Tata Steel have an increased risk of becoming ill due to emissions from the steel factory site. On behalf of the government, the RIVM examined how often local residents come into contact with substances emitted from the Tata Steel factory site. The health institute has said in the past that it is clear that …

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 is reconsidering Dutch hydrogen plans: FD
1 year, 5 months ago

Tata Steel is reconsidering Dutch hydrogen plans: FD

Dutch News  

Tata Steel in IJmuiden is reconsidering how to make its plant more sustainable and is looking at several scenarios including one that does not use green hydrogen, the Financieele Dagblad said on Friday. In 2021, Tata announced its intention to switch to production using hydrogen instead of coal, following years of concern about pollution generated by the factory. The FD …

Tata Steel inks deal with Germany’s SMS group to cut carbon emissions
1 year, 6 months ago

Tata Steel inks deal with Germany’s SMS group to cut carbon emissions

Live Mint  

In a bid to cut carbon emission and achieve net zero carbon emission by 2045, Tata Steel signed an agreement with SMS Group on Wednesday. As part of the agreement, the two companies will hold technical discussions and demonstrate a decarbonisation technology developed by the SMS group at a blast furnace in Tata's Jamshedpur plant, Tata Steel said. Speaking on …

Decision on subsidies for Tata steel plants a matter for next PM – Buckland
2 years, 4 months ago

Decision on subsidies for Tata steel plants a matter for next PM – Buckland

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 It is “only right” that …

Tata Steel will speed up environmental improvement plans in IJmuiden
2 years, 5 months ago

Tata Steel will speed up environmental improvement plans in IJmuiden

NL Times  

Tata Steel is going to accelerate its plans to improve the impact its IJmuiden blast furnace complex has on the environment. Tata Steel also plans to cut down on its carbon dioxide emissions by five megatons by 2030. "We want Tata Steel to become cleaner faster," said Minister Micky Adriaansens of Economic Affairs and Climate in a statement sent out …

Tata Steel plans low CO2 steel-making technologies in Netherlands, U.K.
2 years, 6 months ago

Tata Steel plans low CO2 steel-making technologies in Netherlands, U.K.

The Hindu  

Tata Steel is working on a plan for transition to low carbon technologies for making steel in the U.K. and the Netherlands. In October 2021, Tata Steel completed the process of separating Tata Steel UK and Tata Steel Netherlands as two independent companies from Tata Steel Europe. Both, Tata Steel UK and Tata Steel Netherlands have been developing detailed plans …

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 promises reduction in air pollutants; Pledges to go carbon neutral
3 years, 3 months ago

Tata Steel promises reduction in air pollutants; Pledges to go carbon neutral

NL Times  

Tata Steel Netherlands CEO Hans van den Berg took out a full-page "As a resident of Beverwijk-West and a father of three children, I fully understand the major concerns about emissions and their consequences. You can hold me to that," said Van den Berg. In the Van den Berg emphasized that a future without steel "cannot exist", but that future …

Tata Steel can reduce environmental impact with governmental aid: FNV
3 years, 7 months ago

Tata Steel can reduce environmental impact with governmental aid: FNV

NL Times  

Tata Steel IJmuiden should pick up the pace on its plans to limit emissions and environmental damage, a plan which can be hurried along with the help of government subsidies, labor union FNV said on Friday. The union said the current production process at their plant in IJmuiden, based primarily on fossil fuel use, can be largely replaced with green …

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 …

Tata Steel's sale of building systems unit stalls: Report
4 years, 5 months ago

Tata Steel's sale of building systems unit stalls: Report

Live Mint  

LONDON: Tata Steel has laid aside plans to sell its Building Systems unit, which makes cladding and insulation panels, two sources close to the matter said, citing uncertainty in the industry that was aggravated by the coronavirus crisis. {{^adFree}} {{/adFree}} Tata Steel late last year hired French investment bank Credit Agricole to help find a buyer for the business operating …

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