Tata Steel: Why are jobs being axed at Port Talbot? | EXPLAINED

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  • čas přidán 8. 09. 2024

Komentáře • 37

  • @gregorymalchuk272
    @gregorymalchuk272 Před 7 měsíci +3

    You can't produce virgin steel with arc furnaces, only blast furnaces. This is a national security issue. Nationalize the blast furnace or guarantee the sales through tariffs.

  • @gavinsmith9564
    @gavinsmith9564 Před 7 měsíci +4

    Brexiteers said leaving the EU was necessary to protect the steel industry. Port Talbot should invite the Brexiteers to the closing ceremony to look the workers in the eyes.

    • @cts4044
      @cts4044 Před 7 měsíci +1

      Would have been worse if we were still in the EU. Also, significant damage was done well before Brexit by Chinese steel dumping!

    • @cts4044
      @cts4044 Před 7 měsíci +1

      @SPQSpartacus LMAO. No, they didn't! 🤣
      The only things that moved to the EU are illegal islamist immigrants.
      The EU is faltering and even Germany wants to leave it's stupidity because they are bankrolling all the idiot states.

  • @DOCTORDROTT
    @DOCTORDROTT Před 2 měsíci +1

    Been making massive loses for at least 50 years. Strikes in the late 1960's did not help. When I first worked their there was 30,000 people working there. British Steel / Corus and now TATA have found its a lost cause. Energy prices and a green agenda has killed it. All the open cast coal is now shut down . One thing that has been kept quiet, what abouts its customers ? Trostre for example. There is over capacity in Europe and much cheaper Chinese steel is imported now. The inability to make raw steel in the UK is a major mistake in the event of future conflicts. There are far too many non productive staff at this steelworks these days . I don't think Electric Ark will happen , why would TATA spend millions when there is over capacity within the company.

  • @xavierhucklenbruch1798
    @xavierhucklenbruch1798 Před 7 měsíci +8

    More brexit lies... more tory lies ....

    • @michaelmoran1964
      @michaelmoran1964 Před 7 měsíci +1

      Fxxx all to do with Brexit don't be telling Fekin Liies

    • @christinepayne5206
      @christinepayne5206 Před 7 měsíci +2

      tata going green labour want green to net zero

    • @DOCTORDROTT
      @DOCTORDROTT Před 2 měsíci

      This plant has been losing money for a very long time, I have worked in there in the transport industry. I started in 1974 and it was in trouble then

  • @michaelmattern8188
    @michaelmattern8188 Před 7 měsíci +1

    According to the Welsh first minister its Brexit. Not happening to Tata in Europe, only Wales.

  • @user-eu4zy6rm3l
    @user-eu4zy6rm3l Před 5 měsíci +1

    lack of investment for over 60yrs, by Labour and Tory governments.
    Germany, China, Korea and Japan all helped their steel industry invest in new technology.
    UK didn't, due to Nationalisation.

  • @Ashishcsify
    @Ashishcsify Před 7 měsíci +2

    I belive Tata must come out with Something and save those 3,ooo job because time is bit Hard
    and even the British Government must impose huge senction on imported steel that only can save these Jobs

  • @dw8931
    @dw8931 Před 7 měsíci +8

    Brexit is wonderful, and everyone is rejoicing, just as Jacob Rees-Mogg foresaw it.

    • @justmeEnglandUK
      @justmeEnglandUK Před 7 měsíci

      I remember heavy UK engineering contracts being put out across Europe by EU law the British government following EU law to the letter . Resulting in major UK government heavy engineering projects being manufactured in Italy . The previous UK supplier soon went bankrupt due to the lack of work . One project supplied by Italian heavy engineering company used Chinese steel . Once one of the structure had been fitted in the UK it bacame clear the quality of the joints was unacceptable . Cracks formed and repair work covered up the issue by the Italian contactor. A few year later more defects became more obvious and the UK tax payer then ended up funding a twenty year repair program on the Italian made Chinese steel structure .
      We lost a long established Scottish engineering company British steel lost the contract to supply British steel . How many EU tenders did British companies win .
      This has been planed to systemically closing down UK business and it's ability to be self sufficient by artificial manipulating UK markets with EU rules . The EU has done this in ever sector across the UK energy sold off to EU corporations we have some of the most expensive energy in the EU produced by EU corporations funded by UK tax subsidies and all profits go out of the UK . UK is hemorrhaging cash into EU utility company bank account with no investment in UK capacity to meet UK demand .

    • @dw8931
      @dw8931 Před 7 měsíci

      @@justmeEnglandUK Yeah, sure, it's all the bad, bad EU. How convenient...

    • @cts4044
      @cts4044 Před 7 měsíci

      We all know we are in this situation because the EU never took action on cheap Chinese steel dumping. Then after Brexit the expectation was that the UK will be able to stop China and revive the industry but it didn't!
      Tata clearly didn't want to have to axe any jobs. It is not their general policy to have people lose their jobs.
      Tata is run by a large moral compass with over 66% of their group shares being given to their charitable organisations and is considered the most trustworthy/reliable employer by many.

  • @aintree0000
    @aintree0000 Před 7 měsíci +8

    BREXIT

    • @christinepayne5206
      @christinepayne5206 Před 7 měsíci +1

      tata going green

    • @DOCTORDROTT
      @DOCTORDROTT Před 2 měsíci

      How come it was making huge losses in the 1970's then. 30,000 workers when I first went there in 1975. British steel = losses, Corus = losses Tata losses = £1million Euro per day . Net zero is the final nail.

  • @simongilbert2704
    @simongilbert2704 Před 7 měsíci +1

    put the new furniss in first ;;

  • @johndean1634
    @johndean1634 Před 7 měsíci +2

    Seem to remember them getting a massive amount of UK Money £500 Million if my memory is correct. To protect jobs in Port Talbot in September 2023. Does this mean we are going to get a refund of Millions now off TATA. Actual report. UK government has agreed a £500m support package for Tata Steel to secure the future of the Port Talbot steelworks, in a deal unions said will have “devastating consequences”, with as many as 3,000 workers expected to lose their jobs.

    • @cts4044
      @cts4044 Před 7 měsíci +3

      Tata spent £5 billion to fix things.
      We all know we are in this situation because the EU never took action on cheap Chinese steel dumping. Then after Brexit the expectation was that the UK will be able to stop China and revive the industry but it didn't!
      Tata clearly didn't want to have to axe any jobs. It is not their general policy to have people lose their jobs.
      Tata is run by a large moral compass with over 66% of their group shares being given to their charitable organisations and is considered the most trustworthy/reliable employer by many.

  • @nicholasviney5975
    @nicholasviney5975 Před 7 měsíci +1

    Are we at net zero yet

  • @campbellmorrison8540
    @campbellmorrison8540 Před 7 měsíci +2

    As painful as it is for those affected we are going to have to make more of these decisions in the future. Saving old jobs is not saving our environment, the environment cant be retrained workers can.

    • @RobLocksley
      @RobLocksley Před 7 měsíci +2

      It is just their excuse, they are only thinking economically not environmentally - a company works only for the bottom line...

    • @anthonyfrancis2374
      @anthonyfrancis2374 Před 7 měsíci +2

      You can't retrain if there's nothing to retrain for.

    • @PAWANSINGH-pl2dw
      @PAWANSINGH-pl2dw Před 7 měsíci

      But China got opportunity ... They will make more Cheaper Stell and Sell in Britain and Europe ....

  • @mikw8597
    @mikw8597 Před 7 měsíci

    Didn't that Jester Nigel Furidge say that "we needed to leave the EU to protect jobs in the steel industry". And people believed him. At least those workers got their sovereignty back.. whatever that means

    • @dantownsend4246
      @dantownsend4246 Před 6 měsíci

      Ah the cost of breaking free of the shackles of the EU. Freedom, freedom at last. Now workers free to find other jobs

  • @iancoles1349
    @iancoles1349 Před 7 měsíci

    Prob same as the coal industry cheaper to import the stuff.

  • @poppyjons56874
    @poppyjons56874 Před 7 měsíci

    we need steel to defend our selfs remember SHOTTON