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Blast Furnaces

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business2 years ago

Tata Steel to Close Port Talbot Blast Furnaces, Resulting in 3,000 Job Losses

Tata Steel plans to close both blast furnaces at its Port Talbot works, resulting in an expected 3,000 job losses UK-wide, with most occurring by September. The move is part of a transition to electric arc furnaces for greener steelmaking, but has been met with criticism from unions and local officials. The UK government has pledged support for affected employees and the local economy, while unions are considering their response, including the possibility of industrial action.

via BBC.com|
#blast-furnaces#business#job-losses
business2 years ago

"British Steel's Closure Plan Threatens 2,000 Jobs and Polluting Blast Furnaces"

British Steel plans to close its blast furnaces in Scunthorpe, putting up to 2,000 jobs at risk. The company aims to replace them with two electric arc furnaces, one in Scunthorpe and one in Teesside, as part of a £1.25bn proposal to become a "clean, green and sustainable business." The plans are subject to government support. Unions estimate that the shift could lead to the loss of 1,500 to 2,000 jobs. The closure of the blast furnaces would leave the UK without the ability to produce "virgin steel," but the government argues that electric arc furnaces can cover most of the country's steel needs.

via BBC.com|
#blast-furnaces#british-steel#business
business2 years ago

"British Steel's Furnace Closure Puts Thousands of Jobs at Risk"

British Steel plans to close its blast furnaces in Scunthorpe, putting up to 2,000 jobs at risk. The company aims to replace them with two electric arc furnaces to make the business more environmentally sustainable. The proposal is subject to government support, and if approved, the new furnaces could be operational by late 2025. Unions express concern over the migration timeline and the potential loss of jobs. The UK government is discussing a support package of around £300m to £500m to transition the steel industry to greener practices.

via BBC|
#blast-furnaces#british-steel#business