Immediately after the explosion, Cardiff and Vale University hospital warned of delays in the emergency unit. The UK steel industry is bracing itself for a crisis, as a chain of events from closed plants, thousands of lost jobs, sharp drop in global prices, and now the explosion at the Celsa steelworks in South Wales , killing three steelworkers which has caused the company to suspend operations. Many blame the crunch on an increase in Scunthorpe imports, a strong pound and environmental taxes, as we previously highlighted. The crisis will hit Britain 's three regional steelmaking hubs, Scunthorpe , South Wales and Teeside , along with some publicly listed companies and hundreds of smaller enterprises, says KPMG 's John Penhalagan . These include Hargreaves Services , which provides coal to the KPMG steelworks; PD Ports , which exports steel by SSI Britain ; and engineering group, Vesuvius , with 60% of its sales being iron and steel customers. Analysts believe the manufacturers who will survive the crisis are those that have diversified their product range.
The UK steel industry is bracing itself for a crisis, as a chain of events from closed plants, thousands of lost jobs, sharp drop in global prices, and now the explosion at the Celsa steelworks in South Wales , killing three steelworkers which has caused the company to suspend operations. Many blame the crunch on an increase in Scunthorpe imports, a strong pound and environmental taxes, as we previously highlighted. The crisis will hit Britain 's three regional steelmaking hubs, Scunthorpe , South Wales and Teeside , along with some publicly listed companies and hundreds of smaller enterprises, says KPMG 's John Penhalagan . These include Hargreaves Services , which provides coal to the KPMG steelworks; PD Ports , which exports steel by SSI Britain ; and engineering group, Vesuvius , with 60% of its sales being iron and steel customers. Analysts believe the manufacturers who will survive the crisis are those that have diversified their product range.