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Cameron holds crisis talks as UK steel fights for its future

A picture shows Tata Steel's steel plant in Scunthorpe, north east England, on March 31, 2016Prime Minister David Cameron held crisis talks Thursday to salvage Britain’s steel industry after Indian giant Tata Steel said it was putting its business in the country up for sale, threatening 15,000 jobs. Tata’s decision also puts at risk Britain’s biggest steel plant at Port Talbot in the former industrial heartland of south Wales. While Cameron said “I don’t believe nationalisation is the right answer” to protect the steel industry — hit by plunging prices triggered by cheap imports from China — he vowed to explore all options to help find a new buyer after Tata’s announcement Wednesday.

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