2024-01-18 20:27:00
Steel furnacePhoto: Monty Rakusen / RF Culture / Profimedia Images
The group, which plans to replace its blast furnaces with a less polluting electric equivalent, is expected to make a formal announcement on Friday, while a “45-day consultation” period is underway before the job cuts , said the same source.
In September, the British government announced it would inject up to £500 million (over €580 million) into the huge Port Talbot plant to make it less polluting, but there was already talk of around 3,000 redundancies.
The Port Talbot plant “is currently the biggest carbon emitter in the UK”, the executive said, seeing the closure of coal-fired furnaces as a way to reduce the country’s global carbon emissions by around 1.5%.
The GMB, Unite and Community unions, which met company executives in London on Thursday, said they wanted to put forward “alternatives” to the job cuts but did not get what they wanted.
The unions have “proposed a realistic and evaluated alternative” to avoid forced redundancies, but “this plan seems to be knocking on closed doors”, the union lamented.
In September, the British government pointed out that Tata Steel, Britain’s biggest steel producer, has 8,000 employees in the country and that the subsidies are aimed at keeping regarding 5,000 of them.
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