Skip to content
Search AI Powered

Latest Stories

Tata threatens early shutdown of Port Talbot blast furnaces

Unite, however, insisted it would not be deterred from its fight to secure jobs

Tata threatens early shutdown of Port Talbot blast furnaces

TATA STEEL UK has threatened to close its two blast furnaces in Port Talbot in south Wales earlier than planned due to an upcoming strike, sparking concern among politicians before next week's general election.

The Indian-owned giant had planned to start shutting the first furnace in late June and the second by September as part of an overhaul as it transitions to greener production of steel.


However, the Unite trade union announced one week ago that Tata staff will begin an indefinite strike from July 8 in protest over the company's job-slashing plans.

Britain's main opposition Labour party, widely expected to beat the governing Tories in a general election on July 4, has meanwhile urged Tata to avoid action before the vote outcome.

"Following the announcement by Unite union to unilaterally call strike action from 8 July, Tata Steel is unfortunately forced to commence legal action to challenge the validity of Unite's ballot," a Tata spokesperson said on Friday (28).

"In the coming days, if we cannot be certain that we are able to continue to safely and stably operate our assets through the period of strike action, we will not have any choice but to pause or stop heavy end operations, including both blast furnaces, on the Port Talbot site."

In response, Unite insisted it would not be deterred from its fight to secure jobs.

"The Unite campaign is... about securing the long-term future of steel making in this country for thousands of workers in Port Talbot and south Wales," said Unite general secretary Sharon Graham.

"We call on the real decision makers in Mumbai to take hold of this dispute, sit down, negotiate and realise that the investment secured will be good for the company and workers."

The ovens, which had initially been planned to shutter from July, are used to turn coal into coke, a key raw material used in the steel-making process.

Tata had revealed in January that it was planning to shut the coke ovens and two high-emission blast furnaces in Port Talbot, the UK's biggest steelworks, leading to the loss of up to 2,800 jobs.

The overhaul comes with the European steel industry facing upheaval as it tries to finance less carbon-intensive production.

Tata is seeking to invest £1.25 billion ($1.58bn) into electric arc furnace technology to try to cut long-term carbon emissions.

(AFP)

More For You

Sanjay Bhandari's extradition appeal opens in London
Sanjay Bhandari

Sanjay Bhandari's extradition appeal opens in London

SANJAY BHANDARI, a consultant in the defence sector wanted in India on alleged tax evasion and money-laundering charges, began an appeal in the High Court in London against his extradition order.

The 62-year-old businessman had won permission to appeal against a November 2022 Westminster Magistrates’ Court ruling clearing his extradition earlier this year.

Keep ReadingShow less
Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, US, September 23, 2024. (Photo: Reuters)
Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, US, September 23, 2024. (Photo: Reuters)

Murdoch's bid to secure eldest son's control of media empire fails

RUPERT MURDOCH’s attempt to secure control of his media empire for his eldest son, Lachlan, has reportedly failed, according to a US news report on Monday.

The Murdoch family, which oversees influential outlets like Fox News, The Wall Street Journal, and various British and Australian media organisations, has often been compared to the fictional dynasty in the TV series Succession. Like the show, real-life disputes within the Murdoch family have centred on control of the business after Rupert Murdoch’s death.

Keep ReadingShow less
Kamlesh Pattni faces UK sanctions for illicit gold trade
Pattni stands accused of central involvement in the infamous Goldenberg scandal. (Representational image: iStock)

Kamlesh Pattni faces UK sanctions for illicit gold trade

THE UK and US have imposed financial sanctions on Kamlesh Pattni, a British-Kenyan businessman with a controversial financial history. The punitive measures target Pattni and four of his close family members, including his wife and brother-in-law, reported the BBC.

The sanctions, announced by the UK Foreign, Commonwealth and Development Office, will result in the immediate freezing of assets, representing a significant intervention in what officials describe as a complex network of illicit gold trading spanning multiple African nations.

Keep ReadingShow less
Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi on December 4, 2024. (Photo: Getty Images)
Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi on December 4, 2024. (Photo: Getty Images)

India appoints Sanjay Malhotra as new central bank governor

INDIA has appointed Sanjay Malhotra, a senior finance ministry bureaucrat, as the new governor of its central bank, the Reserve Bank of India (RBI).

The announcement was made on Monday, a day before the term of outgoing governor Shaktikanta Das was set to expire.

Keep ReadingShow less
The new order includes 10 widebody A350 planes and 90 narrowbody A320 family aircraft.
The new order includes 10 widebody A350 planes and 90 narrowbody A320 family aircraft.

Air India orders 100 more Airbus jets to expand fleet

AIR INDIA has placed an order for 100 more Airbus aircraft to expand its fleet and enhance connectivity, the Tata Group-owned carrier announced on Monday.

The new order includes 10 widebody A350 planes and 90 narrowbody A320 family aircraft. The purchase is in addition to the 470 aircraft Air India ordered last year from Airbus and Boeing, the airline said in a statement.

Keep ReadingShow less