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Can Port Talbot steelworks be saved?

It may come down to the price of electricity

By Rhodri Morgan  

The UK's largest steel works in Port Talbot, South Wales. ©Andrew Matthews/PA Wire/Press Association Images

Read more: The government did nothing to avert the Tata Steel crisis

What prospects are there for the Port Talbot steelworks now that the investment house Greybull has bought Tata Steel’s Long Products division for £1? Greybull is going to invest £400m in the Scunthorpe steelworks in return for reductions in pay and pensions. They might be interested in turning around Port…

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