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| 70 Tata Steel Construction Products jobs go at Llanwern | |
| (40 minutes later) | |
| Wales' biggest private employer, Tata Steel, is cutting 70 jobs at its Llanwern site in Newport. | Wales' biggest private employer, Tata Steel, is cutting 70 jobs at its Llanwern site in Newport. |
| The company said it decided "with great regret" to close the Tata Steel Construction Products (TCSP) business amid the economic downturn. | |
| The union Community said it was another case of a good business closing because of the desperate state of the economy. | The union Community said it was another case of a good business closing because of the desperate state of the economy. |
| The molten steel production section at Llanwern closed with the loss of 1,300 jobs in July 2001. | |
| Community's national officer Roy Rickhuss said: "We are seeking urgent talks with the company and will be exploring every avenue to see what options are available to sustain the business and avoid the need for compulsory redundancies." | Community's national officer Roy Rickhuss said: "We are seeking urgent talks with the company and will be exploring every avenue to see what options are available to sustain the business and avoid the need for compulsory redundancies." |
| Paul Steele, Tata Steel's managing director for distribution UK and Ireland, said: "It is with great regret that, following a detailed review of the TSCP business, we have proposed to cease operations at construction products. | |
| "Clearly this is a very difficult time for the people who work for the business and I would like to pay tribute to everyone who has tried so hard to enable this business, which has operated at a consistent loss since 2008, to overcome the continuing economic downturn." | "Clearly this is a very difficult time for the people who work for the business and I would like to pay tribute to everyone who has tried so hard to enable this business, which has operated at a consistent loss since 2008, to overcome the continuing economic downturn." |
| Mr Steele, said the construction industry had not recovered well from the financial crisis, and Tata's markets were highly competitive. | Mr Steele, said the construction industry had not recovered well from the financial crisis, and Tata's markets were highly competitive. |
| He said the company had twice recently restructured "to focus on new and developing markets," but added: "Despite these efforts, most reluctantly, we have come to the conclusion that there are no prospects of generating sufficient viable new business to sustain this operation." | He said the company had twice recently restructured "to focus on new and developing markets," but added: "Despite these efforts, most reluctantly, we have come to the conclusion that there are no prospects of generating sufficient viable new business to sustain this operation." |
| Last month, Tata said the economic recovery looked "very fragile". | Last month, Tata said the economic recovery looked "very fragile". |
| It made the comments as the BBC learned that it was to halt production for a week at its Trostre tinplate works in Llanelli. | It made the comments as the BBC learned that it was to halt production for a week at its Trostre tinplate works in Llanelli. |
| More than 700 people are employed at Trostre but Tata said the break in production in October would not lead to any job losses. | More than 700 people are employed at Trostre but Tata said the break in production in October would not lead to any job losses. |
| Tata employs about 7,500 staff in Wales, with about 1,400 at Llanwern. | Tata employs about 7,500 staff in Wales, with about 1,400 at Llanwern. |