'Grim' September ahead with 6,000 steel and oil jobs to go

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But other industry voices have downplayed such vulnerabilities, pointing out that the coking coal and iron ore used in blast furnaces are imported from abroad, so importing some virgin steel would make little difference.

A total of 2,800 jobs are set to go at Port Talbot in Wales, while up to 3,000 jobs are expected to be axed at British Steel in Scunthorpe.

At Port Talbot, the GMB and Community unions have presented members with a redundancy deal struck with Tata which would see workers receive 2.8 weeks of earnings for every year of service up to a maximum of 25 years.

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Article Details

Category: Business

Markets: United KingdomChinaIndia

Topics: Steel Been Unions Government Jobs Scunthorpe Blast Talbot Port Furnaces

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 22:59:57 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 790 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © BBC Business

News ID: 22437437

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News Last Updated: 11 hours ago

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