British Steel on verge of administration ... why?

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How is it that I could get a Chinese RSJ into my house cheaper than I could get a British RSJ in there?

Might it be connected with the fact that the UK Tory government blocked proposed EU tariffs on Chinese steel?

https://www.independent.co.uk/news/...s-by-blocking-eu-plans-to-allow-a6962446.html

I wonder if a "no deal" Brexit will make us better off, or worse?

https://www.bbc.co.uk/news/uk-wales-45548525


Can you guess which way Farage voted?

Of course you can.

https://www.independent.co.uk/news/...could-have-helped-british-steel-a6964476.html
 
Is it as straightforward as JohnD says:

The Department of Business, Innovation and Skills says the EU’s own independent evaluation shows that tariffs are being set at “roughly the right level” and EU measures imposed under the current rule have been effective in curtailing Chinese imports.

A spokesman for the department said the UK has been “at the forefront of pressing the EU to act against unfair dumping”.

He said: “The point is we need to strike the right balance. Thirteen other EU countries took the same approach to ensure the best interests of the industry, businesses and consumers.

Why have 13 other countries also blocked the removal of the lesser tarriffs rule.......
 
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Its not quite as simple as that -isnt it something to do with competition rules? Although I seem to remember assets of national importance are exempt.
There are many exemptions, and a nation's steel industry would certainly qualify.

That the UK commits less state money in subsidies than many other EU nations is because of political doctrine, not regulations.

EU rail subsidies: UK £825m, Germany’s £10.3bn,France £10.7bn.
And we only have to look at the rail franchise re-nationalisations here to see that it is a myth that the EU is preventing this happening.

Another report earlier this year stated that not only could Britain triple state aid for industry under EU rules, but that leaving the EU would not provide any additional freedom for state aid.
 
Is it not because British Steel is too small a player in the scheme of things? I heard on the radio the other day that the Chinese steel companies have produced more steel in the last year than British steel has produced in its whole lifetime. It’s a bit like a corner shop next door to a supermarket trying to compete with them on price and quantity. No chance.
British Steel is only 3 years old....

I got the impression they were talking about it from way back in all its former guises/company names.
 
I got the impression they were talking about it from way back in all its former guises/company names.

I assumed that too. But who knows? Some people are very devious in their attempts to subvert.
 
I assumed that too. But who knows? Some people are very devious in their attempts to subvert.

I heard the article, I thought it was that China had produced more steel in the last twelve months, than the UK steel industry had, ever.
 
another https://news.sky.com/story/the-surprising-facts-behind-the-declining-steel-industry-11725482

I guess the big difference is that the British steel industry started out only supplying British businesses, and at a time when steel was still not used much in general building work.
Maybe it died because it did not develop a global market, it was more of a subsistence level of manufacturing.

China has a population 20 times bigger, and is growing rapidly, and has focused on expanding its market overseas. Up until 1980 we employed 300,000 in the steel industry. Then the Tories shut down the coal mines that feed the loss making steel works, and boom, by 1982 it's about 150,000, and by 1992 about 60,000 ... today, 30,000. Soon to be fewer.
https://www.ons.gov.uk/economy/econ...ebritishsteelindustrysincethe1970s/2016-01-18

I suppose the big question really is, do we need a steel industry? That's the Tory argument.
It's a bit like, do we need a farming industry, or fishing, when we can buy food from overseas.

The answer to both is probably yes, we need to maintain our traditional industries even if they are not hugely profitable. That's the labour approach ...
 
We need to maintain jobs too. What happens when the online shops replace all those on the high street?
 
Anything better than EU slavery.
You don't believe that the real world exists, do you.

Your entire being is now wholly subsumed by the bizarre (and utterly laughable and pathetic, inadequate, cringing) fantasy world you have invented.
 
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