Tata Steel have refused to guarantee the future of Port Talbot following their decision to merge its European steel operations with another steel business and following talks with Thyssen-Krupp, a hige German conglomerate (HERE).
Of course, not guaranteeing is not the same as closing it down but it's obvious there is a lot of over capacity in European steel making and some plant closures must be a possibility. This would have happened with or without Brexit.
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