Welsh Steel in Welsh Hands
The Welsh Government should ensure that the ownership of the Welsh steel industry is returned to Welsh public hands.
TATA Steel have announced that it was in talks to separate its UK and Europe operations – putting the future of 8,000 jobs at peril.
Plaid Cymru Leader Adam Price said that the “only secure and sustainable future for Port Talbot and the other Welsh plants in the long run” was to return the ownership of the Welsh steel industry to Welsh hands – and ensuring that workers and their communities have a seat at the table.
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Tata’s announcement has caused great anxiety for the communities of Port Talbot who have kept the fires of our economic furnace burning for many decades.
The only secure and sustainable future for Port Talbot and the other Welsh plants in the long run is to return the ownership of the Welsh steel industry to Welsh hands – and ensuring that our workers and their communities have a seat at the table.
To nationalise as a first step and then recapitalise through the kind of green bond advocated recently by the OECD and then finally to mutualise and create a Welsh Steel Co-operative. Dwr Cymru has been a success so why not Dur Cymru?
History has taught us that we cannot rely on Westminster to solve Wales’s problems. When Wales does things differently, it does things better. Now is the time to show the difference that having our own government can make by bringing forward a counter proposal to protect jobs and livelihoods in Port Talbot and the surrounding area.