MONMOUTH Assembly Member Nick Ramsay has today expressed concern about the future of the Welsh steel industry in the wake of recent news that Tata Steel are reviewing their entire steel operation.
Mr Ramsay expressed particular concern at the effect of any changes to the Llanwern operation, where a number of his constituents are employed.
Speaking today, he said:
“This is a deeply worrying time for those employed at Llanwern and Port Talbot. I have long warned of the effect of dumping cheap Chinese steel on the European market and sadly our fears are now becoming a reality.
“No final decision has yet been taken so it’s important at this point that the UK and Welsh Governments work together with Tata Steel to try to find a solution.
“A number of options have already been mentioned, such as the possibility of a management buy-out. All options need to be considered to safeguard the Welsh steel industry, the steelworks at Llanwern and the jobs of those working there.
“I welcome the fact that the Assembly is being recalled on Monday (April 4th).
“Steelworking is a vital Welsh industry and I look forward to debating this issue when the Assembly sits.”