Churchlawtonblue
Well-Known Member
- Joined
- 3 Dec 2013
- Messages
- 14,853
It doesn't need to be tho. Having a UK steel industry has been considered to be of national importance by all governments until very recently circa 5 years ago. I've no idea why that has changed tbh. Perhaps brown envelopes changed hands ?? Shutting down our last blast furnaces means we will not be able to make steel. We will just be able to make inferior grade recycled steel. We will be the only country in the G20 unable to make its own steel! High grade steel is usually required to make ships and armaments. We will now be reliant on the importation of steel for our own arnaments industries.The steel industry has been dead for years. Its end was inevitable, whoever was in government. How much was donated to Tata to keep it running?
The collapse of our steel industry is clearly the direct result of competition and import of steel from countries with much less stringent environmental controls and employment rights than in the UK aswell as low overheads.
TATAs Port Talbot Blast Furnaces are closing and we are the UK taxpayer are subsidising, to the tune of £500m, the construction of a smaller electric arc furnace in its place to recycle steel.
TATA meanwhile are building a new blast furnace in India. Presumably with help from the UK taxpayer money, after all it's essentially the same pot of money and same company.
How the closing of Port Talbot is being championed by anybody as a good result for the environment clearly doesnt stand up to scutiny when we will just end up importing the high grade blast furnace steel we need from other countries.
I believe it would be better if Tata were not susbisidised by the UK taxpayer but instead tariffs were brought in on all steel imports into the UK to level up the playing field. Therefore Tata would have a choice it either keeps and invests in Port Talbot blast furnaces or it let's that operation close and Port Talbot gets nationalised and carries on but with a level playing field.