LONDON – Manufacturer Tata Steel will cut 1,050 jobs in Britain as part of cost-savings to compete against cheap Chinese imports.
The layoffs, largely in Wales, come just months after an earlier round of cuts, including 1,200 slashed by Tata in October.
Karl Koehler, chief executive of Tata Steel's European operations, says the industry needs the European Commission to accelerate its response to unfairly traded imports "and increase the robustness of its actions."
The British government has been under pressure to raise the issue of China selling steel at a loss on world markets. The oversupply of steel has led to lower prices, and manufacturers want anti-dumping duties to be imposed.
Tata said that in the past two years, imports of steel plate from China have quadrupled.