- Indian company switches to greener electric arc furnaces
- A decision backed by £500 million of support from the British government
- But it will mean fewer jobs at the south Wales factory, where 8,000 people are employed.
Tata Steel bosses will face controversy from MPs this week over its decision to close the blast furnaces at its Port Talbot plant, which could lead to the loss of 2,800 jobs.
The Indian company is moving towards greener electric arc furnaces – a move backed by £500m of UK government support.
But it will mean fewer jobs at the south Wales factory, where 8,000 people are employed.
TV Narendran, global managing director of Tata Steel, will be questioned by the Commons Welsh Affairs Committee on Wednesday, alongside Rajesh Nair, Tata’s UK managing director. MEPs will also hear from unions and ministers.
This month’s closure announcement was described as “absolutely devastating” for the local community and described as “large-scale industrial vandalism” by unions.
Grilling: TV Narendran, global managing director of Tata Steel (pictured), will be questioned by the Commons Welsh Affairs Committee
Tata said blast furnace production was no longer “feasible or affordable” and the move would secure most of its production capacity in the UK while reducing CO2 emissions by 5 million tonnes a year and the UK’s overall emissions by around 1.5 per cent.
But he was accused of hypocrisy for preparing to open a new blast furnace in India.