Jump to content
House Price Crash Forum

Tata To Halt Production At Trostre Works For Week

Recommended Posts


Steelmaker Tata is to halt production for a week at its Trostre tinplate works in Llanelli expressing serious concerns about the economy.

The company says the economic recovery is looking very fragile.

More than 700 people are employed at Trostre but the temporary halt in production will not lead to any job losses.

Tata said staff will work in areas like maintenance and training rather than in production for the week in October.

There will be no overtime during the week.

It will mean 9,000 tonnes of tinned packaging will not be manufactured.

The company said the stocks of its customers were full and it had to realign capacity with demand.

A spokesman said: "This is quite significant because Trostre has been going flat out for the past 18 months.

"This fragile recovery is looking very fragile."

This is a good economic indicator. Steel works are very much like IT - first into recession, first out.

Link to post
Share on other sites

Of particular concern to HPCers.

In terms of the general outlook for the steel industry, the spokesman for Tata said: "We are very concerned about the bottom line. The indicators are very worrying indeed.

"We have been weathering a prolonged storm."

Trostre makes tinned products for a range of companies. One of its biggest customers is Heinz.

BBC Wales business correspondent Nick Servini said: "This is the first time a Tata spokesman in Wales has spoken openly about the concerns the company has about the general recovery.

"The steel industry is commonly known as one of the best barometers out there for the economy.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.