UK Unable to Make Steel From Scratch for First Time Since 1850s After Tata Closes Port Talbot

Published on January 19, 2024

Britain will become the only country in the developed world which cannot produce steel from scratch after Tata Steel confirmed plans to close blast furnaces at its steelworks in the Welsh town of Port Talbot, with the loss of more than 3,000 jobs. The strategic move, which is part of Tata Steel’s £1.25 billion plans for decarbonisation, has been greeted with dismay by politicians and trade union leaders in Wales and nationwide. Tata said 2,800 jobs would go over the next 18 months as the blast furnaces close down, with another 300 to be lost in the long-term. In a statement on Friday, the company said, “Tata Steel today announced it will commence statutory consultation as part of its plan to transform and restructure its UK business.”...