Following our report yesterday , the latest announcements regarding Caparo Industries ' move into administration and potential job losses at Tata Steel 's plants , could have a profound effect on Britain 's economy , including losing its capability to build nuclear submarines and offshore drilling platforms , warns UK Steel . Europe’s second largest steel producer said that production of steel plate will lead to around 900 job losses in Scunthorpe and 270 in Scotland, as well as a small number at other Long Products Europe sites. If the Tata plant in Scotland is lost , the UK faces the prospect of building the next Trident submarine using imported steel , and it is the only facility with the capability to meet the specifications required by the offshore oil and gas industry for drilling platforms , and oil and gas pipelines .
Following our report yesterday , the latest announcements regarding Caparo Industries ' move into administration and potential job losses at Tata Steel 's plants , could have a profound effect on Britain 's economy , including losing its capability to build nuclear submarines and offshore drilling platforms , warns UK Steel . If the Tata plant in Scotland is lost , the UK faces the prospect of building the next Trident submarine using imported steel , and it is the only facility with the capability to meet the specifications required by the offshore oil and gas industry for drilling platforms , and oil and gas pipelines .