The Transporter

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Up to 380 jobs could be lost if the plant is

hundreds of work could go places with the closure of the Tata steel Works in Newport.

There is a factory in the town since 1898 but Orb Electrical Steels has not been in profit for four years.

could go Up to 380 jobs, although Tata offer hope for jobs elsewhere in Wales .

The factory, which makes electric band used in the transmission of power was up for sale in may 2018, with Tata , focus steel on your core business.

Tata Steel's European operations Manager, Henrik Adam said: "I recognize how difficult this news is for all concerned, and we will work very hard to support you. "

trade unions, said Tata - The Company employs nearly 6,000 workers in Wales - was to break their obligations on job guarantees.

Orb Electrical Steels is part of Tata ' s Cogent division, part of which is sold to the Japanese steel company Jfe Shoji Trade Corporation.

Tata is closing its Wolverhampton, Engineering, steel, service Center, with up to 26 jobs At Risk .

Tata said it would Cost £50m to upgrade The Orb Website to it for competitive edge

The Orb -site electrical steel used in generators, transformers, motors and magnetic products, including for the automotive industry

But the industry is suffering from overcapacity in The Last 10 years, and struggling to compete, especially with large volume producers in China.

"This business is the smallest volume of electro steel-manufacturer of The World - and we have only been able to make a profit in two of The Last 10 years and no win in The Last four years," Tor Farquhar, Tata Steel Europe, HR director, told BBC Wales .

Meanwhile, the transformation of The Orb -plant Cost of Tata More Than £50m would.

Mr Adam added: "Continue to Fund significant losses in Orb Electrical Steels sustainable at a time when the European steel industry is facing significant challenges. "

But he said the workers would start would be offered alternative employment in other Tata sites in Wales where possible and conversations with the staff and the trade unions in the near future.

Paul Horton , a community union official to the plant, said it had said an agreement for no compulsory job losses by 2021 WORKERS-REACTION

A in the complex for officials of The Union to provide for Paul Horton , who for nearly 37 years of experience, it would mean a loss of well-paid jobs in the Region, the workers earn up to £40,000 with overtime on top.

"We had not expected something this serious, this quickly," he said. "We fought for The Business , but it has no idea that this happens in The Last few weeks. "

Jason Sims said already in the system for 13 years, said: "It is a sad news. Everyone is a little bit of shock at the moment, try to take it in. "

He said it was a lot of uncertainty, whether it comes from the factory in Port Talbot or Llanwern.

Matthew Grande said news have been leaking since Sunday, and she had to depend on the work with a "massive cloud over our heads. We are burned out and destroyed, to be honest with you".

He said it was like A Family , The Company , with everyone, each other, and "more or less Growing Up together".

Paul Spencer , with 22 years at the plant behind him, said that he hoped there would be jobs at the end. "There were rumors for about 12 months, but if you go to The Meeting This Morning , it is real, your stomach's cramping. "

Orb, the privatisation of British Steel 30 years of UNION-REACTION

Unite nanny-official Tony Brady was said Orb's closure would be a "severe blow" to the economy of Wales .

"Together, the feet will fight for every job and holding Tata Steel to The Fire on the assurance that affected employees redeployed by today's announcement. "

He said The Union would not sit back and allow a "decent, well-paid jobs and irreplaceable skills to go to The Wall ".

Roy Rickhuss of community steelworkers' union called it "shocking" message, which "makes a mockery of the understanding we reached guarantee with nanny jobs".

"There was no consultation about this proposal, either in the UK or on the European level, and company management, their heads should hang in shame in the way this has come about," he said.

"of course This is extremely devastating news for the workers in the ball, but all of the Tata Steel workers should commitments by the way Tata breaks his. "

the government is called to intervene.

Newport transporter bridge was opened in 1906, the workers help achieve the plant has A LONG HISTORY

It is the steel production at the Newport site since 1898, when the old Lysaght's relocation from Wolverhampton.

The famous landmark of the city, The Transporter bridge, was built a few years later the workers in the plants.

It was finally a part of British Steel and the then European Electrical Steels 1991.

Convincing took over in 2001.

analysis, Brian Meechan, BBC Wales business correspondent

There were fears for The Future of Tata 's Cogent operation for a few months, ever since it was put up for sale.

Cogent after the Indian owners had decided on their main tasks steel-production business, as it was planned merger with the German company Thyssenkrupp.

in the face of cogent's specialization, to were it was hoped that a buyer could be found, but the unions said, the time you are not convinced of the case for a sale.

she had privately been increasingly concerned about The Future of the plant. This decision could Tata and the unions to an even greater Collision Course .

As part of the collective agreement with the trade unions to support the less generous pensions, they believe that Tata required, no cancellations until 2026-related.

Tata has always claimed that they are obliged to try, to compulsory redundancies can be avoided.

the trade unions could this could be as a breach of an obligation for the whole of Welsh workers and industrial action is possible, they say.

POLITICAL REACTION

economy Minister, Ken Skates , said he stresses to avoid such as important in conversations with company layoffs.

"The Welsh Government will now do everything to support individuals, society and the supply chain affected by this announcement," he added.

"today's news, the fragility of the global steel market and the British government clearly shows must now take a step, And Then expand their approach to the support of the industry, including the supply chain, over the whole of the United Kingdom. "

The British government said it was in regular contact with the companies, trade unions and other partners, and was under a "far-reaching measures to support the industry".

A spokesman said: "We have a long and proud history of steel production excellence and the British government is committed to a modern and vibrant steel sector. "

Newport East MP Jessica Morden said, the devastating message removal "" for workers and their families.

"What is particularly tragic that this supports the only UK facility with the potential for the production of electrical steel for motors and with the investment, the vision and the government, this could be The Key part of the value chain for electric vehicles," She Said .

Plaid Cymru economy spokesman Rhun ap Iorwerth AM, said the closure was "devastating" and he wanted to examine the Welsh and UK governments to do all possible interventions.

"I have repeatedly called for a big summit in Wales economic future," he said.

"This is another proof why it's more important than ever, to the clear focus on the threats and the opportunities wanted to be in This Time of unprecedented uncertainty. "

Conservative minister Russell George AM have called the news "incredibly disappointing" and "a serious blow to the region and its supply to the left".

newport, tata group, steel industry, jessica morden, wales economy, wales business

Source of news: bbc.com