End Of UK Steel Industry? TATA Steel Axes 3000 Jobs In Port Talbot

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Steelworkers, deeply affected by the decision to cut numerous jobs at Port Talbot, have expressed concerns that such massive layoffs could lead to an economic catastrophe, transforming the once prosperous region into a ghost town.
Unions are pointing fingers at the Conservatives, accusing them of providing substantial financial support to Tata Steel, the owners of the site, only to witness the elimination of nearly 3,000 positions despite extensive efforts to preserve the jobs. The government is contributing to the £1.25 billion expense of constructing a more environmentally friendly electric arc furnace at Port Talbot in South Wales.
Nick De Bois speaks with editor at Manufacturing TV, Nick Peters.
#news #economy #tata #uk #steel #talktv #talkradio

Опубликовано:

19 янв 2024

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Комментарии : 80

@King_ofNight 5 месяцев назад

Well here's a brief one-liner summary. TATA Steel (world's one of the biggest and the best steel manufacturers) was forced to spend $3.5 bn. (to achieve net zero carbon emissions target of EU/uk, by shutting down all the blast furnaces and bringing in Electric furnace) at a loss making plant in Britain (obviously Tata refused and demanded "at least" half of the burden to be bear by the govt., cuz it was their aspirations/target not company's) but Britain is crumbling nowadays they offered only $500mn. TATA with a heavy disappointment accepted as both UK and Indian authorities were begging them not to sell the plant (china might buy). So to achieve UK/EU target 🎯 they did this. As electrical furnaces require very few people.

@barnbersonol 5 месяцев назад

Never mind. Our wonderful Welsh govt will create 3000 jobs erecting more speed cameras.

@davidburrows4801 5 месяцев назад

Yep thats the fascist wef future.

@michaelmoran1964 5 месяцев назад

Sad as it is Word has it that Tata was Haemorrhageing one million quid a day,no company can continue operating with costs like that,that's it british industry is Foreign owned they are not under any obligation to keep making steel in the UK and can pull out any time they wish, its a decision. made, rightly or wrongly on cost.

@philosopherfrombed 5 месяцев назад

I see everyone saying "our own steel plant" when Tata steel is an Indian company, UK's steel industry is not self reliant it already depends on foreign countries, Countries like India, USA, China & Japan are called self reliant in steel manufacturing

@mrinal1129 5 месяцев назад

Did it not produce in UK?what got to do with origin?

@okman9684 5 месяцев назад

You will amazed how inter-dependent India and the UK are on each other. Any technology introduced in the UK gets mass produced in India while most of the UK commodities come from India. It's one of the best examples of how two countries working together while leaving their colonial past behind. Indians love their right hand driving layland buses and Britishers love their chicken tikka masala with basmati rice

@pontiouspilotman 5 месяцев назад

In my opinion it’s because most of the first division civil servants are not scientists and engineers!

@vincentl.9469 5 месяцев назад

corrrect

@johnfuller7016 5 месяцев назад

Correct they are work at home dumplings who ain't got a clue Britain is a fuckin g joke now

@aeropro7558 5 месяцев назад

With the state of the UK at the minute this is absolutely disastrous for the local area. Generations of families work here and many know nothing else......everything must be done NOW to help.

@alanbrown8923 5 месяцев назад

The same thing is happening in Scunthorpe. The plan is to shut down the blast furnaces and build an electric arc furnace. Similar job losses. Chasing the WEF net zero carbon goals.

@user-uw6os3pm1l 5 месяцев назад

It's the end of everything in the UK not just steel

@King_ofNight 5 месяцев назад

"China and Russia" laughing at the corner.

@imbonkers3629 5 месяцев назад

Labour will pay for everything with that magical nom-dom tax 😮

@kevingrant7098 5 месяцев назад

It’s because of Brexit, open your eyes and ears

@stephenford2758 5 месяцев назад

The tories are to blame for SUNAKERING the economy

@captainvonk 5 месяцев назад

British heavy industry doesn't exist anymore. We have lost it to China.....Oh, and just to remind everyone, China are in the process of building a chain of coal fired power stations. This is devastating for the town of Port Talbot, for South Wales and the UK. Britain's net zero policy is already one of the lowest in the western World. Sunak and his his Indian pals are trying to have their way... but it won't end well.

@animesh_tiwary 5 месяцев назад

Prop up a British corporate house like Virgin to buyout the Steel plant from Tatas. Ain’t that easy, Mate?

@graycurties6479 5 месяцев назад

And still the British public is blind to what is going on

@cts4044 5 месяцев назад

We all know we are in this situation because the EU never took action on cheap Chinese steel dumping. Then after Brexit the expectation was that the UK will be able to stop China and revive the industry but it didn't! Tata clearly didn't want to have to axe any jobs. It is not their general policy to have people lose their jobs. Tata is run by a large moral compass with over 66% of their group shares being given to their charitable organisations and is considered the most trustworthy/reliable employer by many.

@marcodepellegrin2814 5 месяцев назад

"hydrogen which can be created using renewable energy". How exactly?

@himanshusirohi2403 5 месяцев назад

Why can't just UK Govt nationalise the Tata steel operations in UK?

@garethdavies2538 3 месяца назад

Well one reason might be because they don't fancy taking responsibility for a million pounds a day loss-making operation.

@marksapollo 5 месяцев назад

Why on earth would Rishi or anyone else want an industrial strategy, when they can have companies like Fujitsu supply us?

@terrybritcliffe9345 5 месяцев назад

Can the national.grid cope with this?

@elipa3 5 месяцев назад

This shouldnt be a problem. Didnt the tories promise, after brexit all will be better? You took back control. Use it.

@anthonywilson8998 5 месяцев назад

Why is the factory. Not making a profit ? Is it due to high energy costs and carbon taxes etc. How much high quality steel dowe buy in. Perhaps we could make Tata profitable . Retain the cheaper coal. Furnaces and make it all work as a business by supporting it. 3000 people on the dole will not be cheap. Has this been taken into account. Steel is in demand. We could make it work if you or get useless net zero.which this proves is potty and impossible.

@vincentl.9469 5 месяцев назад

Electric furnaces produce lower quality steel

@iancoles1349 5 месяцев назад

With the ways things are they be turning the plant into a munitions factory very soon.

@RuneRelic 5 месяцев назад

12/10 Industrial strategy. Joined up thinking. What are these things you speak of ? Asking for a friend in parliament, that isnt actually asset stripping the country, while laundering taxpayers money abroad.

@vincentl.9469 5 месяцев назад

Why are they going from gas & coal fired furnaces to electric? If you look into it, the energy requirements for both are not hugely different. Co2 emissions not much different. The UK government must put Net Zero pledge to a vote. People know nothing about the science ..in the case of Talbot maybe it just means fewer staff to pay. Also, many have said the quality of the steel is poorer ..

@keithgriffiths7689 5 месяцев назад

It's unbelievable, iron ore makes steel, these new electric furnaces you just feed it with scrapped steel, but with iron ore your making steel from scratch, it's always been like that, china use 633 billion tonnes of coal per year in their blast furnaces I just cannot see the point in closing blast furnaces when the likes of china just carry on as normal, I'm saying carbon emissions from making steel has to be put back for at least another 10,years, as we are going to be caught off guard if someone like china or Russia deem fit to start a war over Ukraine and same thing with China wanting Taiwan, so yes probably a up and coming world war not very far away, by the look of things, can't this government see that.

@vincentl.9469 5 месяцев назад

@@keithgriffiths7689 Poland burns coal, Argentina, India too. It's virtue signalling and it seems it was TATA that decided this

@jennykinsella7560 5 месяцев назад

the Joy's of Brexit

@kevingrant7098 5 месяцев назад

Exactly I commented the same but this right wing Brexit loving channel just pedal out BS like green policies and they gullible Brexit loving followers will lap it up

@maldarkangel 5 месяцев назад

What on earth does this have to do with brexit ? Its Net Zero clearly

@edsaloyz3 5 месяцев назад

Yes TATA steel in the Netherlands is unaffected

@bendreczko9054 5 месяцев назад

@@maldarkangel Because it now so hard to sale anything made in the uk to the EU now there less production, if you look at how much car we make now it much lower so there is less steal that is need which has leaded to this.

@trevaudio 5 месяцев назад

@@maldarkangel It doesn’t take 26 years to build an arc furnace……nothing to do with net zero !!! It’s Brexit……how many industries in the UK are being kept alive by bribes / subsidies since your brexit ?!?

@davidburrows4801 5 месяцев назад

Sunak has destroyed the remaining steel industry.

@kevingrant7098 5 месяцев назад

It’s because of Brexit, but you won’t hear the truth on this right wing Brexit, loving channel.

@Killergoat69 5 месяцев назад

And all the industries wiped out whilst in the eu?

@DOCTORDROTT 5 месяцев назад

Rubbish, I have worked around that steelworks for over 30 years, guess what, It has not made money for decades under British Steel, Corus and Tata .

@garethdavies2538 3 месяца назад

Then try to blame Brexit, though disaster it may be, for the demise of the US steel industry.

@M.J.Lyman1776 5 месяцев назад

Rearden STEEL🚢🚂⚓🏗...... NOW controlled by🏯🇨🇳......but, but, but it's the " notseez" it that correct Mr. dual citizen?

@danielwatts691 5 месяцев назад

As a Welshman I have to say this is what being part of the UK does for Wales! we get screwed over by the uk government all the time and don't get me started on Wales' shame of brexshit! the Welsh government should nationalise the steelworks and use it for the benefit of Wales!

@johnfuller7016 5 месяцев назад

Look closer to home pal this blaming everybody else is old were is your so called devolved government? Ye that's right more concerned about sodding 20 mph zones and illegals.

@gavinsmith9564 5 месяцев назад

Brexiteers said leaving the EU was necessary to protect the steel industry. Port Talbot should invite the Brexiteers to the closing ceremony to look the workers in the eyes.

@demonhalo67 5 месяцев назад

This is part of the government net zero agenda, in the EU or not would still be happening.

@BlueSteel331 5 месяцев назад

So it's ta-ta to to steelmaking in Wales ! 🤣

@nicolass7102 5 месяцев назад

Brexit disaster

@iansmith788 5 месяцев назад

What is your logic that this is in some way related to Brexit? Most of Port Talbots customers are in the U.K. this situation is complex but it is mainly caused by the Government imposing net zero changes too quickly without considering the impact on the workforce and their families, and the blast furnaces are aging equipment one of which needs rebuilding or replacement. There is also a problem of steel oversupply and dumping of Chinese and Indian steel affecting prices. However steel has many advantages in the automotive, aerospace and defence industries so strategically we should save an industry which we invented with the Bessemer converter.

@nicolass7102 5 месяцев назад

@@iansmith788 no people of wakes say that because of brexit there is this clousure

@iansmith788 5 месяцев назад

@@nicolass7102 I can’t understand what you are trying to say, I assume you don’t have any logic?

@johnfuller7016 5 месяцев назад

??nicolass7102 why did Wales overwhelmingly vote to leave then ???

@garethdavies2538 3 месяца назад

Try applying that logic to the equal demise of the major part of the US steel industry.

@barnbersonol 5 месяцев назад

Never mind. Our wonderful Welsh govt will create 3000 jobs erecting more speed cameras.