Clouds over Tata Steel UK plant after merger collapse

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The future of Tata Steel's main European operations faced fresh uncertainty after German industrial conglomerate Thyssenkrupp scrapped merger plans.

File: A deal was seen as positive for Tata's Port Talbot plant in Wales that employs more than 4,000 staff.LONDON - The future of Tata Steel's main European operations, based in the UK, faced fresh uncertainty Friday after German industrial conglomerate Thyssenkrupp scrapped merger plans with the Indian giant.

"Sadly, this may mean yet another period of uncertainty for steelworkers and their families," said Community general secretary Roy Rickhuss. The Welsh plant's future had already been at risk in 2016 before Tata ended that year by pledging its commitment to its operations across Britain that currently employ more than 8,000 staff.

"It's vital that the business is kept intact and the right steps are taken to safeguard jobs and continue investment to ensure a sustainable future," he added.

 

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