Team Blitz India
LONDON: Tata Steel has said at a recent hearing of Parliament’s Welsh Affairs Committee that if there is funding available for greener ways of making steel, the company would discuss it.
Also, the company’s chief executive TV Narendran defended his decision to cut jobs at Port Talbot, denying an accusation that £500 million in Government support represented “the deal of the century” for the company.
He told MPs that shareholders in the Indian-listed firm had grown weary of billions of pounds being spent on the Port Talbot plant.
Tata Steel would consider additional investment in the plant if more Government funding was made available, said Narendran.
