Tata Steel to cut 1,200 jobs amid as UK industry suffers from flood of cheap Chinese imports

Published October 20, 2015

Tata Steel says it will cut 1,200 jobs in northeast England and Scotland, underscoring the trouble local industry has in competing with cheap Chinese imports and putting a damper on the first day of a state visit by Chinese President Xi Jinping.

Britain's government is under pressure to raise the issue of China selling steel at a loss on world markets. Tata's decision comes only weeks after 2,200 jobs were lost at SSI's plant in northeast England. Another firm, Caparo, went into partial administration on Monday.

Karl Koehler, chief executive of Tata Steel's European operations, said in a statement Tuesday that the European Commission needs to do much more to deal with unfairly traded imports, and that inaction threatens the future of the entire European steel industry.

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https://www.foxnews.com/world/tata-steel-to-cut-1200-jobs-amid-as-uk-industry-suffers-from-flood-of-cheap-chinese-imports