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18 Jan

Tata sticks with BF closure, job cuts: reports

Tata Steel is pushing ahead with its decarbonisation plan for Port Talbot that involves shutting the blast furnace and replacing it with a single, large-capacity electric arc furnace, resulting in up to 3,000 job losses, according to widespread UK media reports. The job cuts would begin in April and be mostly completed by September, according to reports. Tata Steel did not comment on the Port Talbot decision on Thursday, with reports suggesting an official announ…
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