The owners of TATA Steel Europe have decided to split its combined UK and Dutch operations, with Swedish firm SSAB is in discussions with the manufacturing giant to be a potential buyer of the Dutch arm.
TATA Steel has been in financial difficulties for a number of years, and earlier in 2020 announced 500 redundancies at its sites in the UK.
Shadow Minister for Economy, Business and Infrastructure – Russell George MS – has reacted to the news about TATA Steel saying:
“Steelmaking in the UK – not least in Wales and at Port Talbot – is held in high regard around the world, so, while this is worrying news, our steelworkers here have a fantastic reputation for high-quality products.
“So, while this will be a very anxious and worrying time for all working at the site in Wales, I am understand that TATA is continuing its dialogue with the UK Government on potential measures to safeguard the long-term future of UK operations.”
Conservative MS for South Wales West, and welsh Conservative spokesperson on apprenticeships – Suzy Davies – added:
“I echo all of Russell’s comments above, and also wonder about the effect this may have on the apprenticeships taking place at the site. The young men and women there are going to be the backbone of manufacturing in Wales and the UK for years to come, so we look forward to more information as the days and weeks progress.”
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