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Steel industry needs urgent action, Edwina Hart says | Steel industry needs urgent action, Edwina Hart says |
(about 3 hours later) | |
Hundreds of steel jobs could be lost unless the UK government takes urgent action to help the industry, the Welsh economy minister has said. | Hundreds of steel jobs could be lost unless the UK government takes urgent action to help the industry, the Welsh economy minister has said. |
Edwina Hart, who is attending a crisis summit in Rotherham, warned that high energy costs and cheap imports were threatening plants in Wales. | Edwina Hart, who is attending a crisis summit in Rotherham, warned that high energy costs and cheap imports were threatening plants in Wales. |
Tata Steel has said it planned to mothball some operations at Llanwern, Newport, and Shotton, Flintshire. | Tata Steel has said it planned to mothball some operations at Llanwern, Newport, and Shotton, Flintshire. |
UK ministers called the summit a chance to show support for a "vital industry". | |
'Critical point' | 'Critical point' |
"The steel industry in Wales and across the UK continues to be seriously disadvantaged by high energy costs and cheap imports," she said ahead of the summit. | "The steel industry in Wales and across the UK continues to be seriously disadvantaged by high energy costs and cheap imports," she said ahead of the summit. |
"These combined pressures mean that a number of Wales-based companies are reaching a critical point and jobs are in jeopardy. | "These combined pressures mean that a number of Wales-based companies are reaching a critical point and jobs are in jeopardy. |
"More support to address these matters at a UK level will be key in allowing Welsh businesses to operate on a level playing field, not only in the UK but also within global markets. | "More support to address these matters at a UK level will be key in allowing Welsh businesses to operate on a level playing field, not only in the UK but also within global markets. |
"I hope today that we can reach agreement to try to secure a collaborative and sustainable way forward." | "I hope today that we can reach agreement to try to secure a collaborative and sustainable way forward." |
Welsh Secretary Stephen Crabb described the summit as an "opportunity to demonstrate our support for this vital industry, which is so important to the Welsh economy. | |
"I hope the discussions will result in a positive plan of action that will help the steel industry weather what are without question challenging global conditions." |