The Traderszone Network

Published in TZ Latest News 3 April, 2016 by The TZ Newswire Staff

Closure of the Tata steel plants has wider repercussions for the UK economy

 Tata Steel shutting down operations in the UK would leave a hole in manufacturers’ supply chains.
Reuters today carry an article that highlights the problems facing many UK operations should those steel plants close their doors for good. The UK steel industry, the product’s birthplace, has been in decline for many years with the loss of thousands of jobs but this final blow has wider repercussions.