To ask the Secretary of State for Wales, whether the Tata Steel / Port Talbot Transition Board has made a recent assessment of the potential impact of blast furnace closures on jobs in the supply chain.
Answered on
14 May 2024
This Government is supporting Tata Steel with £500 million towards building an electric arc furnace, securing the future of steelmaking at Port Talbot. This will protect 5,000 steel jobs and thousands more in the supply chain. The Tata Steel/Port Talbot Transition Board has been set up to support those affected by Tata Steel’s decarbonisation transition, backed by a £100 million fund. Of that funding, £80 million is provided by the UK Government and £20 million will be provided by Tata.
To address the potential impact on the supply chain, I have formed a dedicated Supply Chain Sub-Group within the structure of the Transition Board. This group consists of representatives from UK Government, Welsh Government, local government, and Tata Steel UK. This group is actively mapping affected supply chains and developing targeted interventions to specifically support impacted businesses.