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Tata Steel

All articles tagged with #tata steel

business2 years ago

"Port Talbot: Assessing the Impact of Tata's Decision on the UK Steel Industry"

UK government minister David TC Davies believes the £100m fund to help Tata Steel workers retrain is sufficient, with the option to request more if needed, following the announcement of 2,800 job losses, mainly in Port Talbot. The fund's focus is on reskilling workers, with potential use for infrastructure projects to attract investment. The Welsh government is committed to supporting workers facing redundancy and is hopeful about maintaining jobs at the steelworks, while emphasizing the need for a coordinated plan and investment in the green economy to prevent Wales from falling behind in the global race for future industries.

via BBC.com|
#business#job-losses#port-talbot
businessenvironment2 years ago

"Port Talbot Steelworks: Tata's Decision to Close Blast Furnaces Devastates Workers and Community"

Tata Steel's announcement of 2,800 job losses at its Port Talbot site as part of a move to greener steel has left workers stranded, according to campaigners. The company plans to shut down blast furnaces and build a more sustainable, green steel business using an Electric Arc Furnace (EAF), which would reduce overall UK carbon emissions by about 1.5%. However, critics argue that the move is a missed opportunity for workers to explore manufacturing steel using hydrogen. Unions have condemned the decision and urged Tata to reconsider alternative proposals, while the UK government maintains that hydrogen-powered steelmaking is not commercially viable at the moment.

via BBC.com|
#businessenvironment#carbon-emissions#green-technology
business2 years ago

"Tata Steel's Green Transformation: Job Losses Loom"

Tata Steel plans to shut down blast furnaces at Britain’s largest steel mill in Port Talbot, Wales, and replace them with an electric furnace, a move that will cut carbon emissions but could result in the loss of up to 2,800 jobs. Unions representing workers are angry that their proposals to save jobs were rejected, and the British government has offered £500 million in support of Tata’s plan, which has an estimated price tag of up to £1.25 billion.

via The New York Times|
#business#carbon-emissions#job-cuts
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
environment2 years ago

Tata Steel's Impact on UK Jobs and Carbon Footprint

Tata Steel plans to shut its blast furnaces at its Port Talbot plant, the UK's largest steelworks, in a move that could cut Wales' carbon emissions by as much as a fifth. The switch to an electric arc furnace could slash the site's emissions by around 85% a year, equivalent to the annual emissions of almost 2 million homes. However, critics argue that the local community will pay an unfair price with thousands of jobs lost, and that the UK and Welsh governments are failing to deliver a "just transition" to a greener future.

via BBC.com|
#blast-furnace#carbon-footprint#electric-arc-furnace