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TATA Steel to get £15m investment

Steel giant TATA has been given the go-ahead for a £15m investment at its South Yorkshire plant in Stocksbridge. The new furnace will boost high-tech steel making and create a number of jobs.

Tata says the new furnace will enable it to tap into new market opportunities and develop innovative new products for the aerospace and oil and gas industries.

Mark Broxholme, managing director of Tata’s South Yorkshire-based Speciality Steels business, said: “This is also great news for the team here at Speciality Steels, which has put enormous effort into bringing this facility to South Yorkshire.”

Tata Steel wins Saudi Arabia contract

Tata Steel has won an order to manufacture 60,000 tonnes of rail for a new high-speed line linking the cities of Mecca and Medina in Saudi Arabia.

Steel for the project will be made at the firm's plant in Scunthorpe before being rolled into 25 metre lengths at the site and in another Tata factory in Northern France.

"This is a prestigious project which will see the holy cities being linked by rail for the first time.

"Tata Steel is delighted to be contributing to this high-speed line, which will have to overcome some major challenges presented by building a high-capacity rail line across some of the most extreme terrain in the world."

– Gerard Glas, Tata Steel

Fears for Tata Steel jobs

Tata Steel, Scunthorpe
Tata Steel at Scunthorpe Credit: ITV Yorkshire

Fresh fears over the future of UK steel jobs were raised today after India's Tata Steel wiped £1 billion from the value of its European operations.

The group, which has UK operations at sites including Rotherham and Scunthorpe, blamed the tough economy in Europe where steel demand has slumped by about a third since the start of the financial crisis.

Unions said the huge writedown will worry its 18,500 staff in the UK who are still reeling from 900 job cuts last year.

Tata, which bought steel giant Corus in 2007 for £6.2 billion, has seen demand from construction and car-making dive, forcing thousands of lay-offs and plant closures.

Tata Steel take on more than 70 apprentices

Tata Steel, who run one of the largest apprentice schemes in the country, has announced it will take on more than 70 new apprentices in Rotherham and Scunthorpe

The company, which is Europe's second largest steel producer, says it is looking to recruit engineers and technicians to invest in skills for the future. The new craft and technical apprentices will study mechanical and electrical engineering or chemistry and metallurgy.

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South Yorkshire MP "disappointed" at Tata Steel job loss announcement

One of the region's Tata Steel plants

Reacting to Tata Steel's announcement on job losses, Rotherham MP John Healey said: “I am disappointed that these changes mean redundancies in Rotherham. It will be a very difficult Christmas for those at risk of losing their jobs.

“Steel making has been hit as the economy has gone back into double dip recession. We need an economic policy from the government that restores growth to the economy and helps the steel industry pick up again.”

Rotherham MP "disappointed" at Tata Steel job losses

Reacting to Tata Steel's announcement on job losses, Rotherham MP John Healey said: “I am disappointed that these changes mean redundancies in Rotherham. It will be a very difficult Christmas for those at risk of losing their jobs.

“Steel making has been hit as the economy has gone back into double dip recession. We need an economic policy from the government that restores growth to the economy and helps the steel industry pick up again.”

Tata Steel "significant decline" in demand

The restructuring follows a significant decline in demand for bar steel products.

Tata Steel employs 2,200 people at its Specialty Steels and Bar business in the UK, including 1,050 in Rotherham and 70 in Wednesbury.

“These proposed changes are a critical part of developing a sustainable and competitive bar business.

“Tata Steel is showing its commitment to making this strategy work by committing £2.75 million of investment for the bar business. We are investing in improvements to our steelmaking in Rotherham as well as to the final quality of our products.

“Over the coming weeks, our priority will be to help our employees through this difficult process and keep them up to date with the changes. We will do everything we can to provide them with support and assistance.”

– Mark Broxholme, Tata Steel

156 jobs to go at Tata Steel in Yorkshire

Tata Steel has announced 156 job losses at two of its businesses in Yorkshire. 126 jobs are to go at its bar business in South Yorkshire and 41 at its distribution business in West Yorkshire.

However proposals include an increase of 11 jobs at a distribution hub in South Yorkshire.

The steel giant plans to restructure the bar business to focus on supplying hi-tech products to manufacturing sectors. To support this Tata Steel is investing £2.75m in the Rotherham-based business.

There will be a loss of 135 jobs in total in South Yorkshire – 110 in Rotherham, 16 in Stocksbridge and nine in Wednesbury, West Midlands.

In West Yorkshire, Tata Steel has proposed to close a distribution site in Leeds, with a net loss of 30 jobs.

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