South Yorkshire MP calls on ministers to ‘step up’ and help steel industry after Tata blow
South Yorkshire MPs have urged Government ministers to ‘step up’ or face losing the region’s steel industry.
The calls come a day after Tata Steel announced plans to sell off all of its UK steelworks, including those in Stocksbridge and Rotherham.
Fresh doubt over future of steelworks
HUNDREDS of jobs could be at risk at Rotherham’s Tata Steel factory after the company announced plans to sell its UK assets.
The company’s board decided at a meeting in Mumbai last night (Tuesday) that it would “explore all options for restructuring”, including the partial or full sale of its UK factories.
It casts fresh doubt over the future of hundreds of jobs at Tata’s plants at Aldwarke, Moorgate and Templeborough.
Steel giant Tata confirms UK sale plans
TATA Europe issued the following statement today under the title Review of European Portfolio of Tata Steel which reveals £2 billion in asset impairment in the past five years and confirms its decision to “divest” with its UK operations, including three sites in Rotherham: