- Indian-owned agency switching to greener electrical arc furnaces
- Move backed by £500m in UK Government assist
- But it’s going to imply fewer jobs at South Wales plant, the place 8,000 are employed
Tata Steel bosses will this week face a grilling by MPs over its resolution to close down the blast furnaces at its Port Talbot plant with the potential lack of 2,800 jobs.
The Indian-owned agency is switching to greener electrical arc furnaces – a transfer backed by £500m in UK Government assist.
But it’s going to imply fewer jobs on the South Wales plant, the place 8,000 are employed.
Tata Steel’s world chief government T.V. Narendran can be questioned on Wednesday by the Commons Welsh Affairs Committee, alongside Rajesh Nair, Tata’s UK chief government. MPs can even hear from commerce unions and ministers.
This month’s closure announcement has been described as ‘completely devastating’ for the area people and branded ‘industrial vandalism on a grand scale’ by unions.
Grilling: Tata Steel’s world chief government T.V. Narendran (pictured) can be questioned by the Commons Welsh Affairs Committee
Tata stated blast furnace manufacturing was not ‘possible or reasonably priced’ and that its transfer would safe most of its UK manufacturing capability whereas decreasing CO2 emissions by 5m tons per 12 months and total UK emissions by about 1.5 per cent.
But it was accused of hypocrisy for making ready to open a brand new blast furnace in India.