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Steel Crisis: Tata Buyout Consortium 'confidence' Over Help
For Tonyav, and others :::
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Lets hope this is some light at the end of a very dark tunnel.
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Lets hope this is some light at the end of a very dark tunnel.
Answers
The steel industry is a special case. I and many others do not agree with nationalised industries, and feel that the free market is the way. Unfortunatel
08:41 Fri 22nd Apr 2016
A troublesome time for all concerned but here's an example of a supremely successful heavy engineering and steel producing company that was the subject of a Management Buyout in in 2005
https:/
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The steel industry is a special case. I and many others do not agree with nationalised industries, and feel that the free market is the way. Unfortunately due, in part to successive Government policies both Labour and Conservative, the steel industry is not operating in a free market. We cannot allow our defence or strategic capabilities to become beholden to the Chinese, or indeed to the US or Germany.
Well said Togo ! There are far too many that are of the opinion that our important infrastructure projects should be constructed by foreign firms, with imported materials.
If HS2 ever does get started (doubtful I know) it will need masses of steel, and that should be British steel, not some second-rate crap from the other side of the world. British jobs for British people !
If HS2 ever does get started (doubtful I know) it will need masses of steel, and that should be British steel, not some second-rate crap from the other side of the world. British jobs for British people !
Rollocks Naomi ! Steel jobs are mostly done by the existing workers at the old British Steel plants.
But I have no problem with foreign workers coming into Britain, to take the jobs that our own lazy and indigenous dole bludgers won't take, a point that I have made many times on here, so please don't try to twist my words.
Britain needs a sustainable manufacturing industry, and steel is essential to that. As Togo has rightly pointed out, we cannot allow our defence or strategic capabilities to become beholden to the Chinese, or indeed to the US or Germany.
But I have no problem with foreign workers coming into Britain, to take the jobs that our own lazy and indigenous dole bludgers won't take, a point that I have made many times on here, so please don't try to twist my words.
Britain needs a sustainable manufacturing industry, and steel is essential to that. As Togo has rightly pointed out, we cannot allow our defence or strategic capabilities to become beholden to the Chinese, or indeed to the US or Germany.
//Britain needs a sustainable manufacturing industry, and steel is essential to that.//
britain's steel output is a tiny fraction of the total global steel production, and at least one third of that (per year) is lying unused. the chinese can make steel at a fraction of our cost but that's not the problem as most of our steel comes from the EU. EU countries can also make steel considerably cheaper than the UK, principally because of the swingeing cost of energy in this country, not to mention the completely unrealistic environmental targets and taxes (introduced by, guess who....?)
so UK steel production is not sustainable, nor will it be unless a way can be found to mitigate the costs that make the UK uncompetitive. even then, because of the tiny production level the UK doesn't make the right kind of steel that most of our manufacturing industry needs.
britain's steel output is a tiny fraction of the total global steel production, and at least one third of that (per year) is lying unused. the chinese can make steel at a fraction of our cost but that's not the problem as most of our steel comes from the EU. EU countries can also make steel considerably cheaper than the UK, principally because of the swingeing cost of energy in this country, not to mention the completely unrealistic environmental targets and taxes (introduced by, guess who....?)
so UK steel production is not sustainable, nor will it be unless a way can be found to mitigate the costs that make the UK uncompetitive. even then, because of the tiny production level the UK doesn't make the right kind of steel that most of our manufacturing industry needs.
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