The negotiations are aimed at protecting jobs at the company and reducing carbon emissions.
Britain’s newly elected Labour Party is reportedly in talks with Indian steelmaker Tata Steel to help the company transition to lower-carbon technologies while ensuring that job losses are prevented. Business minister Jonathan Reynolds told the BBC on Sunday that he’s working on making “sure that job guarantees are part of the negotiation that we’re having".
In January, Tata Steel, the UK’s largest steel-making company, had announced plans to close both blast furnaces in its Port Talbot plant in Wales by the end of the year. It said it could no longer keep furnaces operable as it was allegedly losing about …
Maanav is a trainee journalist at The Morning Context. He studied journalism and international relations at St. Joseph’s in Bengaluru.
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