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| Tata Steel to mothball Llanwern site, cutting 250 jobs | Tata Steel to mothball Llanwern site, cutting 250 jobs |
| (35 minutes later) | |
| Hundreds of jobs are to be cut by Tata Steel as the company mothballs one of its sites in south Wales. | Hundreds of jobs are to be cut by Tata Steel as the company mothballs one of its sites in south Wales. |
| Press Association is reporting 250 jobs could go, mainly at Llanwern in Newport, which is set to stop running some of its mills. | Press Association is reporting 250 jobs could go, mainly at Llanwern in Newport, which is set to stop running some of its mills. |
| In a statement, Tata said it needs to "reduce costs and focus on manufacturing higher-value products". | |
| GMB union called it "more bad news for the steel industry" while Unite said job losses were "very disappointing". | |
| The Community union, which has the most members at Llanwern, acknowledged Tata was under "huge pressure to reduce costs" but said laying off employees was "extremely regretful". | |
| It is believed the job losses will involve agency workers. | It is believed the job losses will involve agency workers. |
| Concerns | Concerns |
| It comes a year after the company announced 400 jobs were to go at its steelmaking plant in Port Talbot, Neath Port Talbot. | |
| According to GMB, Llanwern's hot mill and cold mill will be mothballed along with one pickle line, which removes impurities from the metal. | |
| GMB national officer Dave Hulse said the union would seek a meeting with Prime Minister David Cameron to discuss its concerns. | GMB national officer Dave Hulse said the union would seek a meeting with Prime Minister David Cameron to discuss its concerns. |
| "We will see local communities destroyed with mass unemployment while the balance of payment deficit will increase further if we don't act now and get government support and action," he said. | "We will see local communities destroyed with mass unemployment while the balance of payment deficit will increase further if we don't act now and get government support and action," he said. |
| Newport East assembly member John Griffiths said he hoped the announcement was a temporary measure. | Newport East assembly member John Griffiths said he hoped the announcement was a temporary measure. |
| "We want investment from Tata and a long-term view on expansion and growth here," he said. | "We want investment from Tata and a long-term view on expansion and growth here," he said. |
| "I'm hoping it is indeed mothballed rather than removed all together." | "I'm hoping it is indeed mothballed rather than removed all together." |
| Tata has confirmed some of its hot strip mills will "come out of production" but added that they would be retained so they can be restarted in more favourable market conditions". | |
| The company also said employees at Llanwern would be redeployed within the business. | |
| Tata currently employs 7,000 workers at four plants in Wales. | Tata currently employs 7,000 workers at four plants in Wales. |