WGPlus (Archive)

Steel industry going same way that Aluminium did!

Following the decision by India’s Tata Steel to sell all or part of its UK business, Think Tank IPPR has looked at the potential job losses at the plants themselves and in the supply chain, in the event that no buyer can be found.  Tata Steel’s UK business employs 15,000 people, with a further 25,000 jobs in the supply chain estimated to depend on the steel plants. The largest plant is in Port Talbot, South Wales, where there are currently around 4,000 workers and a further 6,600 dependent jobs in the supply chain.

The supply chain job losses are likely to hit manufacturers & suppliers of iron, manufacturers of machinery, and processors and suppliers of coke & petroleum, some of which will be based outside of the UK.  Experts at IPPR say in reality the likely job losses related to the closure of Tata steel plants will be higher as these estimates do not capture the further impact of lost demand in the local economies from reduced spending power of workers and their families.  This could lead to further business closures & job losses outside of the steel sector.

Researched Links:

IPPR:  40,000 jobs across UK could go if Tata’s steel plants do close

IPPR:  Lost jobs from steel crisis could cost UK government £4.6bn

BIS:  Business Secretary confirms formal Tata Steel sale process

BBC News:  Tata Steel windfall from carbon emissions permits

Carbon Market Watch:  Carbon leakage mythbuster - UK

BIS:  New public sector boost for UK steel

BIS:  New consultation launched on energy cost relief for industry

10DS:  PM meeting with Welsh FM: 5 April 2016

WAG:  Statement from FM of Wales following meeting with the PM on Tata Steel

Welsh Secretary statement following Downing Street meeting on steel

BIS:  Steel industry: Business Secretary Sajid Javid to meet Tata Group chairman

Why the Government cannot just simply ‘Do Something’ about UK Steel Plants

CBI reacts to announcement of aluminium smelting plant closure

The future role of energy in manufacturing - Gov.uk

The Demise Of The UK Aluminium Industry

Technology Innovation for Energy Intensive Industries - TUC

Iron, steel & aluminium in the UK

UK government secures EU compensation for Energy Intensive Industries

DECC:  Will costly green power provide the energy security we need? (1st item)

TUC:  Converting to a low carbon economy is not going to happen of its own accord (2nd item)

Do current Climate-change policies threaten British jobs?

Environmental Audit Committee publishes report on Energy Intensive Industries Compensation Scheme

Britain’s £800m cement industry threatened by carbon reduction policies

The £200bn price tag for Britain's green folly

High energy costs “silent killer” of enterprise, warns new report

Future of the UK's energy intensive industries far from certain, warns TUC

CBI comments on Government figures showing UK’s climate change policies costing energy intensives dear

TUC - Energy intensive companies must be found a place in the UK's green economy

Stephen Crabb: “Lowering energy costs vital for international competitiveness of UK manufacturing

Support for energy intensive industries

Government 'dithering' over energy & climate policy could cost jobs & investment, says TUC

UK Government Ministers engage in energy discussions with key Industrial employers in Wales

Government should seize shale gas as an economic opportunity

First Minister holds summit on high energy prices for energy intensive industry

Re-writing the book Leading from the front – building transformational leadership