Clouds over Tata Steel UK plant after merger collapse

File: A deal was seen as positive for Tata's Port Talbot plant in Wales that employs more than 4,000 staff.LONDON - The future of Tata Steel's main European operations, based in the UK, faced fresh uncertainty Friday after German industrial conglomerate Thyssenkrupp scrapped merger plans with the Indian giant.

"Sadly, this may mean yet another period of uncertainty for steelworkers and their families," said Community general secretary Roy Rickhuss. The Welsh plant's future had already been at risk in 2016 before Tata ended that year by pledging its commitment to its operations across Britain that currently employ more than 8,000 staff.

"It's vital that the business is kept intact and the right steps are taken to safeguard jobs and continue investment to ensure a sustainable future," he added.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ArcelorMittal SA says steel sales fell 10.1% in the first quarterAfrica’s largest producer ascribes slump to weak demand in SA and a decline in exports Jobs are going, thanks to ANC government
Source: BDliveSA - 🏆 12. / 63 Read more »

Falling steel prices hit ArcelorMittal bottom lineArcelorMittal, the world's largest steel firm, said its net profits plunged in the first quarter of the year due to a slide in prices. Serves them right, they don't wanna employ us😂😂😂😂 Angithi they are stingy
Source: eNCA - 🏆 49. / 51 Read more »

Sandvik to explore possible listing of Materials Technology unitSpecialty steel business to be separated from the rest of the Swedish engineering group
Source: BDliveSA - 🏆 12. / 63 Read more »

PSA Group seemingly open to deals after reportThe Peugeot maker declined to comment on the report by a British news agency that it was in advanced talks with Tata
Source: BDliveSA - 🏆 12. / 63 Read more »

Ballots behind bars: Inmates vote under tight security at Durban prisonBehind steel bars and under tight security and the watchful eye of eagle-eyed wardens, hundreds of inmates took to the polls in Durban's Westville prison on Wednesday. And so many “anc thieves” voting outside with us with their protectors keeping them safe! ANC voting guilt will haunt all of you but hey get the loadshedding candles ready
Source: TimesLIVE - 🏆 28. / 59 Read more »

Inmates cast their votes while prison warders keep a close eye on themBehind steel bars and under tight security and the watchful eye of eagle-eyed wardens, hundreds of inmates took to the polls in Durban's Westville prison on Wednesday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Bavuma ‘frustrated’ with lack of limited overs opportunities with ProteasProteas Test batsman and Lions captain Temba Bavuma has admitted to being frustrated with the lack of opportunities in limited overs cricket at international level. Huge fan of tbavuma10
Source: ewnupdates - 🏆 30. / 53 Read more »

Falling steel prices hit ArcelorMittal bottom lineArcelorMittal, the world's largest steel firm, said its net profits plunged in the first quarter of the year due to a slide in prices. Serves them right, they don't wanna employ us😂😂😂😂 Angithi they are stingy
Source: eNCA - 🏆 49. / 51 Read more »

SAB shareholders may have won the most in AB InBev mergerConditions in the funding and beer-drinking market have become tougher since the mega-deal Jack_Mabena ey cuz... 👀
Source: BDliveSA - 🏆 12. / 63 Read more »

Antitrust watchdog blocks $11bn merger of Vodafone’s Australian business with TPG TelecomCompetition commission says deal would reduce rivalry in cellphone and fibre markets
Source: BDliveSA - 🏆 12. / 63 Read more »

ArcelorMittal SA says steel sales fell 10.1% in the first quarterAfrica’s largest producer ascribes slump to weak demand in SA and a decline in exports Jobs are going, thanks to ANC government
Source: BDliveSA - 🏆 12. / 63 Read more »