this post was submitted on 25 Apr 2024
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Steel giant Tata has confirmed it will shut down blast furnaces at its Port Talbot plant with the loss of thousands of jobs after rejecting a last-minute union plea to change its plans.

The company said that after seven months of discussions with unions it will proceed with its £1.25 billion investment to build an electric arc furnace in Port Talbot and start closure of the existing heavy end assets in the following months.

Unions and Labour criticised the decision, warning it will have a devastating effect on the industry and Welsh economy.

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