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[Alnico Blue]

Should they be government supported?

Two interesting facts.

China has produced more steel in the last 23 months than Britain has since it started in the industrial revolution.

British steel is an efficient outfit.

A question. If Britain loses its steel making capability due to China undercutting, how do you make weaponry in the event of the next war? Buy the steel in from China?

Where did that "fact "come from  . . .seems wildly inaccurate . . .thats a lotta steel

There's a lot of Chinese, Al.

Can't argue with that Steve 

[TheBoy]

China has needed (and produced) a load of steel for itself.  The expansion in buildings, infrastructure and general manufacturing has created a massive demand within their country.

Although they export a fair chunk, its not as much as you think, as its deemed poorer quality than most.

[Varche]

Sadly I haven't the tech with me in Haggis land  to post a link.

Have a look on bbc.co.uk for the article . I have no reason to doubt the claim.

Have you a link to “ poorer quality” than most?  I would not be surprised to find it is on a par now. China excels at stealing tech, know how, designs and then building on them. For example have you seen their bridge building efforts or high speed trains.?

Anyway we aren't going to leave the EU , just be a subservient member. Things like a steel industry will just be a nuisance. We can buy warships from France for our contribution to the EU army.

[STEMO]

Sadly I haven't the tech with me in Haggis land  to post a link.

Have a look on bbc.co.uk for the article . I have no reason to doubt the claim.

Have you a link to “ poorer quality” than most?  I would not be surprised to find it is on a par now. China excels at stealing tech, know how, designs and then building on them. For example have you seen their bridge building efforts or high speed trains.?

Anyway we aren't going to leave the EU , just be a subservient member. Things like a steel industry will just be a nuisance. We can buy warships from France for our contribution to the EU army.

If we have any sort of war, can't we outsource it? There of lots of people in India and Pakistan that would fight Russians for much less than we pay our soldiers. They could provide their own weapons too, including nukes if required.

[tidla]

https://news.sky.com/story/the-surprising-facts-behind-the-declining-steel-industry-11725482

[Migv6 le Frog Fan]

Rather than being caused by Brexit, it might have actually stood a chance of survival if Brexit had happened earlier. EU emissions rules make it very difficult to be globally competitive - rightly or wrongly. Many foreign competitors get a lot of state aid to keep them competitive. That is illegal in the EU - rightly or wrongly.
As mentioned, the "advanced" west has found it very difficult to compete in the old industries, with the "less developed" Far East. They are much less concerned with pollution, health & safety, wages, workers rights etc. etc.
Its been a long time since our future lay in heavy industry.

[TheBoy]

Rather than being caused by Brexit, it might have actually stood a chance of survival if Brexit had happened earlier.

Pass me a bit of what you've been smoking

(Hard) Brexit *will* bugger up your biggest export market, as immediately you are more expensive, and more hassle (thus cost) to deal with. I don't think anyone disagrees with that (ignoring those that still think the EU will roll over and let us kick them in the knackers, despite the evidence)


Whether or not British Steel could have survived long term under any circumstance is open for debate, and will never be known - but the new owners and investors seemed upbeat - but very, very, very clearly and obviously, as the whole world predicted, Brexit has definitely sent it on its way prematurely.

[STEMO]

Have I missed something? Didn't think brexit had occurred yet. 

[Nick W]

Have I missed something? Didn't think brexit had occurred yet. 

Big businesses have to think ahead. Unlike politicians who ought to, but are incapable of it.

[STEMO]

Have I missed something? Didn't think brexit had occurred yet. 

Big businesses have to think ahead. Unlike politicians who ought to, but are incapable of it.

Agreed, but they'd better not go too far, because it'll be further back when we remain.

[Varche]

Seems like the unacceptable face of capitalism having read more.

Greybull , the owners, buy companies for peanuts. Loan money at extortionate rates. Asset strip.

They made a profit from Comet and Monarch airlines. The government had to foot the bill for flying stranded passengers back.
On British steel , they bought a French steel company for circa £48 million out of the balance sheet recently. The government i.e. taxpayer no doubt will pay redundancy and maybe pensions too for the workers. Maybe the government ought to ask for the keys to the French steel business to cover its costs.

[TheBoy]

That's how venture capital firms and investment firms work

[New POD]

Government assistance to British Steel is against EU law.

Another good reason to leave.

Another reason to fully fund apprenceship schemes that the Government Funds, which is allowed.

[New POD]

Sadly I haven't the tech with me in Haggis land  to post a link.

Have a look on bbc.co.uk for the article . I have no reason to doubt the claim.

Have you a link to “ poorer quality” than most?  I would not be surprised to find it is on a par now. China excels at stealing tech, know how, designs and then building on them. For example have you seen their bridge building efforts or high speed trains.?

Anyway we aren't going to leave the EU , just be a subservient member. Things like a steel industry will just be a nuisance. We can buy warships from France for our contribution to the EU army.

If we have any sort of war, can't we outsource it? There of lots of people in India and Pakistan that would fight Russians for much less than we pay our soldiers. They could provide their own weapons too, including nukes if required.

I think we need to be clearer with Outsourcing call centres.  The contract should come with certain obligations.