The Welsh town, which grew up around the steelworks, had been braced for confirmation of the closures of the two blast furnaces after a meeting of the Tata Steel board yesterday, in what would have marked the beginning of a major retrenchment in UK steelmaking.
However, in a last-minute change of tack, Tata cancelled a scheduled press conference and said it would not be releasing a statement on its plans. The company did publish its financial results, which showed a £135m loss in the three months from July to September - a deterioration on the previous quarter despite a fall in raw material costs.
Diese Geschichte stammt aus der November 02, 2023-Ausgabe von The Guardian.
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