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| Tata-Thyssenkrupp merger: Trostre plant could be sold | Tata-Thyssenkrupp merger: Trostre plant could be sold |
| (about 3 hours later) | |
| Tata Steel could sell one of its Welsh plants in order to get approval for a proposed merger with German steelmaker Thyssenkrupp, BBC Wales understands. | Tata Steel could sell one of its Welsh plants in order to get approval for a proposed merger with German steelmaker Thyssenkrupp, BBC Wales understands. |
| The Trostre steel plant in Llanelli, Carmarthenshire, could be sold as part of an EU investigation into the deal. | The Trostre steel plant in Llanelli, Carmarthenshire, could be sold as part of an EU investigation into the deal. |
| The European Commission is investigating the proposal over concerns it could lead to less choice for customers. | The European Commission is investigating the proposal over concerns it could lead to less choice for customers. |
| Tata said a "comprehensive package of proposed solutions" had been submitted. | |
| Llanelli AM Lee Waters and steelworkers union Community have both raised concerns. | |
| The Trostre plant employs about 700 people and produces steel packaging for Tata Steel. | The Trostre plant employs about 700 people and produces steel packaging for Tata Steel. |
| Although it is unlikely the merger will be called off, the European Union is concerned the combined companies could control too large a share of the European steel packaging market, meaning plants like Trostre could be sold. | Although it is unlikely the merger will be called off, the European Union is concerned the combined companies could control too large a share of the European steel packaging market, meaning plants like Trostre could be sold. |
| Lee Waters, AM for Llanelli, said: "It is sickening that it comes to us again to have to offer up the sacrifice. We are pawns in a global chess game here. | Lee Waters, AM for Llanelli, said: "It is sickening that it comes to us again to have to offer up the sacrifice. We are pawns in a global chess game here. |
| "The other worry for this is that Tata in Wales and the UK is an ecosystem. | "The other worry for this is that Tata in Wales and the UK is an ecosystem. |
| "Trostre is a major customer for Port Talbot. They all feed off each other; Shotton, Port Talbot, Trostre. They are all linked up so removing one bit is going to have a knock on effect for the other bit," he told BBC Radio Wales' Good Morning Wales programme. | "Trostre is a major customer for Port Talbot. They all feed off each other; Shotton, Port Talbot, Trostre. They are all linked up so removing one bit is going to have a knock on effect for the other bit," he told BBC Radio Wales' Good Morning Wales programme. |
| "This is clearly very significant." | "This is clearly very significant." |
| Steelworkers union Community said: "If these reports are accurate the remedies proposal is extremely concerning and confirms that Tata is a junior partner in the joint venture. | Steelworkers union Community said: "If these reports are accurate the remedies proposal is extremely concerning and confirms that Tata is a junior partner in the joint venture. |
| "Should the assets in question be sold off, the joint venture will become a different project and we need to fully assess what these developments mean for Tata Steel Europe and the UK businesses." | "Should the assets in question be sold off, the joint venture will become a different project and we need to fully assess what these developments mean for Tata Steel Europe and the UK businesses." |
| Tata Steel said it had submitted a "comprehensive package of proposed solutions", with Thyssenkrupp, to the European Commission as part of the process to get clearance for the joint venture. | |
| "We continue to engage in a constructive dialogue with the European Commission and believe our proposals address their concerns, and still very much support the industrial logic of the joint venture," said a spokesman. | |
| "We're committed to working closely with all relevant regulators and remain confident of the benefits of the joint venture to all our stakeholders." |