As Sajid Javid travels to India in bid to secure Tata deal,managing director of steelmaker Celsa UK criticises lack of ‘proactive measures’ in British strategyOne of the biggest steelmakers in Britain, second in size only to Tata, and has said there is no guarantee that the industry will survive whether the government fails to step up its response to the current crisis.
As the trade secretary,Sajid Javid, prepared to travel to Mumbai for talks with the Indian multinational, and the managing director of Celsa UK,Luis Sanz, asked why the British arm of his company was paying twice as much in electricity costs and eleven times as much in trade rates than its operations in France and Spain.
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Source: theguardian.com