Quote:
Originally Posted by mrmistoffelees
Precisely what china is doing.....
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China's cost of production will be much lower than the UK because they have cheap labour and don't have to follow onerous environmental laws etc.
It's quite possible that China can produce steel at the current world price and STILL make a notional profit.
The fact that we cannot says much about our standards.
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
