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port talbot steel foundry

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By *erryg OP   TV/TS
over a year ago

denton

just heard they are awaiting decision to see if a 1000 lose their jobs, if they do no doubt chinese steel producers will be happy as they will virtually control the market in uk

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By *oyce69Man
over a year ago

Driffield

David Cameron should hang his head in shame, the same day they shut the steelworks in Scunthorpe he was signing a deal with the Chinese effectively putting a nail in the coffin of our steel industry.

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By (user no longer on site)
over a year ago

I wouldnt be suprised if it goes... As most things are going that way, cheaper lesser quality materials but cheaper and mass produced from china....

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By (user no longer on site)
over a year ago

No doubt Tata will be holding out for some UK gov money!.

This is one of the problems I have with the EU, it's far too slow to react to situations, we should have raised temporary Chinese tariffs on steel at the start of this problem

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By *eMontresMan
over a year ago

Halesowen


"David Cameron should hang his head in shame, the same day they shut the steelworks in Scunthorpe he was signing a deal with the Chinese effectively putting a nail in the coffin of our steel industry."

The EU stops us protecting our home industries and imposing import tariffs, even if we wanted to

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By *erryg OP   TV/TS
over a year ago

denton

once the china steel dominates the uk they can put the prices up, as it is expemsive to rebuild a steel plant once it has cooled down

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By (user no longer on site)
over a year ago

How times have changed

Who would have thought, one hundred years ago, that the fortunes of a British industry would be decided around a Mumbai board room table ?

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By *iewMan
Forum Mod
over a year ago

Angus & Findhorn

£1m a day loss, can't see anyway of sustaining that

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By (user no longer on site)
over a year ago


"How times have changed

Who would have thought, one hundred years ago, that the fortunes of a British industry would be decided around a Mumbai board room table ?"
.

Times haven't changed that much, India provided most of the empires wealth!.

It's just the folks sitting round the table in Mumbai that's changed

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By (user no longer on site)
over a year ago


"£1m a day loss, can't see anyway of sustaining that"
.

It's really easy, you just apply a trade tariff on Chinese steel to the point that makes welsh steel profitable!

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By (user no longer on site)
over a year ago

There was a comparison of trade tariffs today on the radio ...

US has a tariff of 220%

EU has a tariff of 6%

Go figure .....

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By *eMontresMan
over a year ago

Halesowen


"£1m a day loss, can't see anyway of sustaining that.

It's really easy, you just apply a trade tariff on Chinese steel to the point that makes welsh steel profitable!"

Except it's not. We're hidebound by being in the EU, and we have Thatch/Heath to thank for it, along with Thatch's almost religious doctrine of free market economy and monetarism.

Except the real world isn't like that.

I'd have critical national infrastructure and industry back in state control. Inefficient - yes, but better than putting hundreds of thousands on the dole where it costs us more financially as well as socially

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By *olgateMan
over a year ago

on the road to nowhere in particular


"£1m a day loss, can't see anyway of sustaining that.

It's really easy, you just apply a trade tariff on Chinese steel to the point that makes welsh steel profitable!

Except it's not. We're hidebound by being in the EU, and we have Thatch/Heath to thank for it, along with Thatch's almost religious doctrine of free market economy and monetarism.

Except the real world isn't like that.

I'd have critical national infrastructure and industry back in state control. Inefficient - yes, but better than putting hundreds of thousands on the dole where it costs us more financially as well as socially"

I have always said this.

For all her faults there is no way Maggie would have Chinese steel being used to build British warships

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By *eMontresMan
over a year ago

Halesowen


"£1m a day loss, can't see anyway of sustaining that.

It's really easy, you just apply a trade tariff on Chinese steel to the point that makes welsh steel profitable!

Except it's not. We're hidebound by being in the EU, and we have Thatch/Heath to thank for it, along with Thatch's almost religious doctrine of free market economy and monetarism.

Except the real world isn't like that.

I'd have critical national infrastructure and industry back in state control. Inefficient - yes, but better than putting hundreds of thousands on the dole where it costs us more financially as well as socially

I have always said this.

For all her faults there is no way Maggie would have Chinese steel being used to build British warships "

But it was she who destroyed our heavy industries such as steel and the coal that powered it. She campaigned vigorously at the last referendum to stay in the EU, labelling Tony Benn et al, as Marxist traitors for saying we'd be better off out

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By *olgateMan
over a year ago

on the road to nowhere in particular

Benn only ever got two things right in his political career, the GPO tower and Concorde.

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By *ucky1Man
over a year ago

a straightjacket


"£1m a day loss, can't see anyway of sustaining that"

It's going the same way as SSI in Redcar, those sort of loses are just too much so I'm afraid it will probably close.

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By *ecky-booTV/TS
over a year ago

worthing

It doesnt need to be in state control.. we've been down that road and we know its a dead end.. what it does need is state patronage and support.. i.e. tariffs thaf bite - commitment to use uk steel on uk infrastructure-and tax incentives for uk companies who do the same.. easy peasy.

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