Redcar Steelworks Ovens To Close For Good

[rhyds]

Originally Posted by Arthurgray50@blu

Look at it this way.

The British Government send BILLIONS of pounds of OUR money abroad. Yet cannot afford to support British Industry, or the workforce.
That makes me laugh

The fact you think a government can unilaterally decide to keep a loss making steelworks going forever is even more laughable.

[mrmistoffelees]

Originally Posted by Arthurgray50@blu

I only bash the Tories because they do not care about the British worker. I am proud that l have worked all my life, though Labour and Tory governments.

But for me the Tories have ripped up the British Industry as we know it. Under Thatcher she ruined the Coal Industry, The steel Industry has been ruined by lack of investment by the governments. what next. We cannot ruin the car industry. As most are owned by foreign companies.

Its no good the government investing in training - l have been on there training courses, my god. The training that l had was that bad, then l would be dead before l landed a job

You didn't pay much attention did you?

As someone who lives approximately fifteen miles from this. It's got nothing to do with the Tories whatsoever.

Price of steel has fallen through the floor in the past year.
Chinese are producing huge amounts of cheap steel
Chinese companies are not purchasing steel. (main purchasers from the site)

How exactly Arthur is this the tories fault? I'm not a tory fan but to blame this on them is ludicrous.

You want to get angry? Get angry at SSI who were taking workers pension payments but NOT paying them into the plan.

You know, as per usual, the square root of feck all about the issue. Pipe down

[denphone]

More steel jobs to go.

http://www.bbc.co.uk/news/business-34552523

[denphone]

Caparo goes into administration in further blow to British steel industry.

http://www.theguardian.com/business/...steel-industry

[Arthurgray50@blu]

What the Government should be doing is MORE to protect the British Industry of Manufacturing.

This country used to have the best industry going. The Government has completely ruined the North East. Wales Scotland, in the shipyards.

The government could have saved so many Industries, but gave Large contracts overseas

My job is even under greater threat now. And our Union is fighting to save my job, all because of severe cut backs that is being carried out by this awful government.

What they are doing is simply crippling this country, yet are sending billions of pounds of OUR TAX MONEY to overseas countries in aid.

Did you see that poor woman on Question Time having a go at the Tory minster, and she could not even look at that poor woman or answer the question.

We import steel and coal what industry is next to go down the plug hole

What can they do? Other countries produce these materials cheaper and it isn't helped by having a strong pound.

[Osem]

I have an idea, why don't we just subsidise every industry which isn't viable then pass on the costs of so doing to ordinary people like Arthur by way of higher prices, taxes etc. ? We could then pay everyone on low incomes/benefits more in order to make up the difference and give further subsidies to the other associated industries which suffer knock on effects of higher costs imposed on them. Simple! What were we all thinking??

After all I'm sure that because he's so keen on protecting British jobs at all costs he never buys anything imported and will be delighted to pay more for all the things he needs. I really can't understand why nobody's thought of this...

[rhyds]

Originally Posted by Arthurgray50@blu

We import steel and coal what industry is next to go down the plug hole

We import steel and coal because, quite simply, it's massively cheaper to do that than to produce it here. Indeed, the requirement for blast furnaces to create "virgin" steel is rapidly diminishing, thanks to the greenies demanding more recycling, and our improved abilities in recycling scrap steel.

[heero_yuy]

Even if the government was of a mind to subsidise uneconomical steel production in this country it is against EU competition rules to do so.

subsidies = higher taxes or more cuts elsewhere.

[rhyds]

Originally Posted by heero_yuy

Even if the government was of a mind to subsidise uneconomical steel production in this country it is against EU competition rules to do so.

subsidies = higher taxes or more cuts elsewhere.

Exactly. Subsidies can't be kept going forever.

[Osem]

Originally Posted by rhyds

Exactly. Subsidies can't be kept going forever.

You seem to be implying there's no magical money tree with which we can bail out every company which finds itself unable to compete with the competition!!...

[rhyds]

Originally Posted by Osem

You seem to be implying there's no magical money tree with which we can bail out every company which finds itself unable to compete with the competition!!...

There was a magic money tree, but it was felled under the chainsaw makers subsidy act 1975...

[nomadking]

Redcar has effectively been subsidised all along.

He added: 'Excess capacity in global steel is enormous - more than 570 million tonnes last year, almost 50 times the UK's annual production.
'The price of steel slab has halved in the past year alone and in the three years since SSI restarted production at Redcar, the plant has lost more than £600 million.

Theoretically I wonder if there is a case for buying more expensive materials locally than from abroad if more of that money stays in the UK but I am not sure how you would work it out.

Kinda wondering what we do produce apart from hairdressers,estate agents and bankers..