London, Dec 2: Tata Steel today said it has temporarily shut down its hot strip mill partly in South Wales and has cut 115 jobs at the plant due to poor demand from within Britain.
“Tata Steel is temporarily to mothball the hot strip mill at its Llanwern site in Newport, South Wales, with immediate effect,” the company said in a statement.
The facility is expected to remain mothballed until the UK economy and steel demand justify a restart, it said.
From: http://ping.fm/AlKAW
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