Post by Admin on Apr 3, 2016 9:19:20 GMT
The British steelworks is something that has dominated the headlines in the last fortnight.
Largely blaming its demise on the chinese mass importing cheap steel, Tata- the company who owns the majority of the steel works is said to be losing £1m per day and has thrown the towel in.
This directly puts about 4000 jobs at risk, many more indirectly and unarguably the future of Port Talbot.
It is a crisis in the industry strangely reminiscent of the 1970's.
Largely blaming its demise on the chinese mass importing cheap steel, Tata- the company who owns the majority of the steel works is said to be losing £1m per day and has thrown the towel in.
This directly puts about 4000 jobs at risk, many more indirectly and unarguably the future of Port Talbot.
It is a crisis in the industry strangely reminiscent of the 1970's.