Business News From Town Desk Of The London Evening Standard
“Demand is there right now for low-emission metal,” mentioned James Campbell, an analyst at CRU Group, a consulting agency. This part of the mill rolls sizzling metal into coils that can be utilized for automobile elements and earth shifting tools. Steel makers in Britain and the European Union additionally face rising carbon taxes on their emissions, and a few plants in Europe appear prone to close or be reduced in size. But it appears clear that the plan may also end in fewer jobs, and many of the four,000 employees at Port Talbot say they are worried about extreme cutbacks …
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