Better, safer, stronger in the EU is the Cameron big business mantra. I doubt the soon to be redundant workers at Port Talbot will see it that way. Taha/Corus want to shut down Port Talbot. They don't want to sell it to a possible competitor. Their preferred solution is to shut down Port Talbot and transfer the work to their Dutch plant which has lots of spare capacity. This makes perfect business sense and its what will happen. Cameron, Corbyn, Welsh politicians and trade unionists will huff and puff and put rescue plans on and off the table ad infinitum but Port Talbot will close.
What annoys me that as a junior civil servant in 1972/73 I pointed this was the long term future of UK manufacturing in the EEC and was told by the now Sir Humphreys to shut up or be exiled to the DVLC at Swansea, a fate worse than death for any ambitious civil servant.
The Spanish, Italians, Germans, French and Dutch will continue to play the EU subsidy game and keep their steel industry extant using in part UK money appropriated by the EU. But as McCoy said frequently on the SS Enterprise to Captain Cameron Juncker, "You canae beat the laws of Physics / Economics." They will run out of money eventually and squabble in the true European tradition that generated two World Wars. Remember the EEC grew out of European Coal and Steel Community of the early Fifties. Self sufficiency in steel for armaments is close to the mid Europeans heart and a source of national pride or as Bismark put it, " Guns or Butter" with the French its guns or cheese.
I feel very sorry for the Welsh workers who have been unscrupulously exploited by generations of Kinnocks purporting to stand up for them whilst keeping their own snouts deep in the EU trough. It happened in Scotland both in steel and shipbuilding, it happened in Scunthorpe and it happened on Deeside but the South Wales populace has voted for dodgy selfserving Labour politicians for many years and now they are having to pay for their tribalism. All tribal voters should take it as a salutary warning and learn to think for themselves. Out sourcing your thinking to dodgy politicians leads only to your enslavement.