NDM7047 Plaid Cymru debate - TATA Steel and ThyssenKrupp Merger - Withdrawn

NDM7047 Rhun ap Iorwerth (Ynys Môn)

To propose that the National Assembly for Wales:

1. Notes that TATA Steel and ThyssenKrupp announced that they propose to sell the Trostre steel plant in Llanelli as part of a proposed merger of both companies.

2. Further notes that trade unions representing workers at the TATA plants in Wales have said that they are now unconvinced that the merger is the best option for TATA Steel Europe and have expressed concerns that the joint venture is not a partnership of equals, and believe that future strategic decisions may prioritise the interests of the ThyssenKrupp operations over those of TATA Steel Europe.

3. Notes that the European Commission has extended the deadline of its review of the planned joint venture deal until 17 June.

4. Calls on the Welsh Government to object the merger as currently proposed and to make representations on that basis to the European Union Commission, the UK Government and the Board of TATA Steel Europe.