Rather than shut up shop and close its Orb steelworks in Newport, South Wales, UK, Tata Steel has decided to ‘mothball’ it instead. The difference between ‘close’ and ‘mothball’ is fairly simple: if you close something, that’s effectively the end of it, but if you ‘mothball’ you stop using it and keep it in good condition so that it can readily be used again.

The Orb plant makes electrical steel for power transmission and the workers there are to be redeployed in other parts of the business, including Port Talbot, according to a BBC online report. There are, of course, interested parties, such as Liberty Steeel, but also the US steelmaker Big River Steel, which has said it would like to use the site, but only with another company operating it.