Thursday, 5 October 2017
Port Talbot steel
Earlier this week, the Evening Post voiced the fears of many of us that the long-term future of the Port Talbot works is less certain in the hands of Thyssenkrupp than it was under the original Tata management. When there is another downturn in the demand for steel, Port Talbot will be top of the list for sacrifice ahead of more profitable plants owned by Thyssenkrupp on the continent. The worker representatives on the latter's supervisory board (a post-war German initiative which the UK should have followed long ago) are clearly going to give priority to their fellow Germans if there is a threat to company profitability, especially as they will know that the borough voted to turn its back on the EU in last year's referendum.