{"id":7536,"date":"2016-01-29T15:26:58","date_gmt":"2016-01-29T15:26:58","guid":{"rendered":"http:\/\/unitelive.org\/?p=7536"},"modified":"2016-01-29T15:26:58","modified_gmt":"2016-01-29T15:26:58","slug":"boost-for-steel","status":"publish","type":"post","link":"https:\/\/unitelive.test.igniteamt.com\/?p=7536","title":{"rendered":"Boost for steel"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p>The hard-pressed UK steel industry gained a much-needed fillip as Sheffield Forgemasters received a \u00c2\u014130 million support package from three of the country\u00e2\u20ac\u2122s leading manufacturers.<\/p>\n<p>&nbsp;<\/p>\n<p>Unite today (January 29) welcomed the news that Babcock International, BAE Systems and Rolls Royce Holdings had agreed to underwrite bank loans to the steelmaker in a deal, it is understood, that was brokered by the Ministry of Defence.<\/p>\n<p>&nbsp;<\/p>\n<p>\u00e2\u20ac\u015bIn these days of great uncertainty for steelworkers, this is, at least, some good news and a much-needed lifeline for a vitally important business,\u00e2\u20ac\u0165 Unite assistant general secretary for manufacturing Tony Burke said.<\/p>\n<p>\u00e2\u20ac\u015bWe applaud Babcock, BAE and Rolls Royce for investing in skilled UK workers and our UK steel sector. The thousands of workers, who depend on Forgemasters in some way for their job, will rest a bit easier today, but we are still deeply concerned about the plight of the UK steel sector more generally,\u00e2\u20ac\u0165 he added.<\/p>\n<p>&nbsp;<\/p>\n<p>\u00e2\u20ac\u015bIt is in the midst of a crisis that could threaten its very existence, so we say to the government, yet again, take a lead from these businesses and invest in our steel makers.<\/p>\n<p>&nbsp;<\/p>\n<p>\u00e2\u20ac\u015bIt has been depressing and shameful to see contracts that should have gone to UK steel businesses being passed by the government to our overseas competitors,\u00e2\u20ac\u0165 Burke went on to say.<\/p>\n<p>&nbsp;<\/p>\n<p>\u00e2\u20ac\u015bThis has to end now \u00e2\u20ac\u201c we cannot have the government\u00e2\u20ac\u2122s procurement processes pose a threat to a vital sector as it fights off attacks to its future from cheap Chinese imports and high business costs.\u00e2\u20ac\u0165<\/p>\n<p>&nbsp;<\/p>\n<p>Sheffield Forgemasters has been hit by the broader crisis affecting the steel industry, which has seen more than 5,000 steel jobs being lost in the last four months.<\/p>\n<p>&nbsp;<\/p>\n<p>Only last week, Sheffield Forgemasters announced that 100 jobs were to be axed from the 700-strong workforce as it battled declining revenues from customers in the oil and gas sectors.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hard-pressed UK steel industry gained a much-needed fillip as Sheffield Forgemasters received a \u00c2\u014130 million support package from three of the country\u00e2\u20ac\u2122s leading manufacturers. &nbsp; Unite today (January 29) welcomed the news that Babcock International, BAE Systems and Rolls Royce Holdings had agreed to underwrite bank loans to the steelmaker in a deal, it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[478,269],"wps_subtitle":"Sheffield Forgemasters gets \u00c2\u014130m support package","_links":{"self":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/7536"}],"collection":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7536"}],"version-history":[{"count":1,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/7536\/revisions"}],"predecessor-version":[{"id":7538,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/7536\/revisions\/7538"}],"wp:attachment":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}