Finally after of decades of intentional neglect some sanity on this subject.
Won’t last long. Chinese steel is much cheaper. They have lower operating costs, far lower labour costs, and basically own the ships transporting the steel.
The UK has unions, much higher living costs, which means higher wages, all sorts of regulatory hoops to jump through, and thus any steel produced is far more expensive.
Grangemouth in Scotland ? Port Talbot in Wales?
I’m young enough to not remember a time when the UK iron and steel industry wasn’t in trouble.
I was born before Thatcher became PM.
If we do a bail out it should be nationalised not a gift yo greefy capitalists
How much Iron is actually mined in the UK now?
I’m guessing it’s not a lot.
What does this bill actually mean?
Does it mean opening new sources of Iron mining in the UK or does it guarantee imports of foreign iron no matter the actual price of the material?
Shazam, Steel is saved.
Parliament wasn’t urgently recalled, nor was swift legislation passed, to save the steelworks in Port Talbot.
Grangemouth, we’re told, can’t be saved because it’s privately owned.
Interesting how quickly a government can act when it truly wants to.
If I was a Welsh steelworker made redundant at Port Talbot – I’d be pissed off at this.
8 comments
Finally after of decades of intentional neglect some sanity on this subject.
Won’t last long. Chinese steel is much cheaper. They have lower operating costs, far lower labour costs, and basically own the ships transporting the steel.
The UK has unions, much higher living costs, which means higher wages, all sorts of regulatory hoops to jump through, and thus any steel produced is far more expensive.
Grangemouth in Scotland ? Port Talbot in Wales?
I’m young enough to not remember a time when the UK iron and steel industry wasn’t in trouble.
I was born before Thatcher became PM.
If we do a bail out it should be nationalised not a gift yo greefy capitalists
How much Iron is actually mined in the UK now?
I’m guessing it’s not a lot.
What does this bill actually mean?
Does it mean opening new sources of Iron mining in the UK or does it guarantee imports of foreign iron no matter the actual price of the material?
Shazam, Steel is saved.
Parliament wasn’t urgently recalled, nor was swift legislation passed, to save the steelworks in Port Talbot.
Grangemouth, we’re told, can’t be saved because it’s privately owned.
Interesting how quickly a government can act when it truly wants to.
If I was a Welsh steelworker made redundant at Port Talbot – I’d be pissed off at this.
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