Bail out Tata's UK Steel?
Should the taxpayers bail out Tata UK Steel or should they be allowed to fail?
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Originally Posted by jonc
(Post 11815014)
Should the taxpayers bail out Tata UK Steel or should they be allowed to fail?
The government needs to do something. Maybe they should insist that all future pitches for infrastructure projects must include the use of British steel |
Bit ******g late for that !
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To be fair, this has been a long time coming. We took equipment back from site 6 months ago as they couldn't pay for it any longer!
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Originally Posted by Martin2005
(Post 11815044)
The government needs to do something. Maybe they should insist that all future pitches for infrastructure projects must include the use of British steel
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I should think we drop a mill a day on a lot more mundane ****e to be fair
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if they go will it mean the other one that managed to survive recently will get more work?
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Considering we pay the EU £55M a DAY as a membership fee I'm inclined to agree.
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No state aid because of EU rules, high energy prices due to EU rules, no money (partly) because we pay the EU, hmmm what to do on June 23rd? LEAVE THE EU! :idea:
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Originally Posted by jonc
(Post 11815060)
The British steel industry needs something a bit more immediate than that. Not sure if it's possible at since EU regulations limits state aid, but should it be re-nationalised, an industry that is making a £1m loss every day, a cost that the taxpayer will have to bear?
Also, given the ciclical nature of the steel industry, a government buy out may not be a terrible idea.. What for the market to recover, then sell it? |
Originally Posted by warrenm2
(Post 11815087)
No state aid because of EU rules, high energy prices due to EU rules, no money (partly) because we pay the EU, hmmm what to do on June 23rd? LEAVE THE EU! :idea:
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How does Germany get to keep their steelworks ??
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Deja vu with the mining industry.
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Originally Posted by dpb
(Post 11815200)
How does Germany get to keep their steelworks ??
https://pbs.twimg.com/media/CeytOOfW4AAqClK.jpg ...due to the eco-tards in the UK! mb |
Originally Posted by boomer
(Post 11815210)
Maybe because electricity is a little cheaper...
https://pbs.twimg.com/media/CeytOOfW4AAqClK.jpg ...due to the eco-tards in the UK! mb Now this could be because the numbers you posted are specific to the steel industry, if so fair enough. It would seem though that the German 'eco-tards' are even more effective than their UK equivalents. |
Stupid green policies have been destroying industry in the UK (and most of the western world), we pay huge subsidies on crazy green projects that are unreliable and cant stand on their own feet. Huge waste of taxes, and it has driven energy prices sky high. Makes me laugh when the idiots from the press say its not possible to subsidize the steel industry when hundreds of millions are squandered on green garbage. Hopefully a huge wake up call to ditch idiotic green policies.
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Originally Posted by warrenm2
(Post 11815087)
No state aid because of EU rules, high energy prices due to EU rules, no money (partly) because we pay the EU, hmmm what to do on June 23rd? LEAVE THE EU! :idea:
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Originally Posted by ski
(Post 11815295)
Stupid green policies have been destroying industry in the UK (and most of the western world), we pay huge subsidies on crazy green projects that are unreliable and cant stand on their own feet. Huge waste of taxes, and it has driven energy prices sky high. Makes me laugh when the idiots from the press say its not possible to subsidize the steel industry when hundreds of millions are squandered on green garbage. Hopefully a huge wake up call to ditch idiotic green policies.
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I just think if we import absolutely everything, from energy through to milk through to workers ,it leaves us vulnerable
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Hi,
If Tata can't make money out of their UK steel plants - who would possibly want to buy them? I understand the big problem is the low import tariff imposed by the EU on Chinese imported steel - that is being sold (dumped) at below cost. US don't allow dumping in their market - they have a near 300% duty on Chinese steel (they did something similar on Chinese solar panels). The EU need to grow some balls and increase the tariffs on Chinese steel - below cost dumping by China is effectively state sponsored economic terrorism - as it screws up local producers (once they go bust the Chinese can simply increase prices again). Cheers Steve |
Ah , but then we wouldn't get our power station built. ( apparently )
But I agree. Same in Zim, where girlfriend comes from. Not that Mugabe gives a toss |
Surprised alcazar hasn't piped up.
Has he fallen off his perch ? |
Originally Posted by Martin2005
(Post 11815291)
Not sure where your chart comes from, but it didnt feel right to me so I looked into this in detail, and it turns out that German industry pays a lot more for energy than UK industry.
Now this could be because the numbers you posted are specific to the steel industry, if so fair enough. It would seem though that the German 'eco-tards' are even more effective than their UK equivalents. Via a pseudoscience conspiracy site - "what's up with that" (WUWT) who peddle bat sh1t crazy ideas WUWT often have articles denigrating "elitist" scientist - a recent example was by Melanie Phillips, she openly doubts vaccines and evolution - so dismissing AGW is pretty easy when you are a "crank magnet" and have your draft ideas repeated in theses ridiculous websites |
Originally Posted by steve05wrx
(Post 11815318)
Hi,
If Tata can't make money out of their UK steel plants - who would possibly want to buy them? I understand the big problem is the low import tariff imposed by the EU on Chinese imported steel - that is being sold (dumped) at below cost. US don't allow dumping in their market - they have a near 300% duty on Chinese steel (they did something similar on Chinese solar panels). The EU need to grow some balls and increase the tariffs on Chinese steel - below cost dumping by China is effectively state sponsored economic terrorism - as it screws up local producers (once they go bust the Chinese can simply increase prices again). Cheers Steve |
Originally Posted by hodgy0_2
(Post 11815323)
It comes from those assorted nutters at the Global Policy Warming Federation - an organisation dedicated to peddling crap about climate change
Via a pseudoscience conspiracy site - "what's up with that" (WUWT) who peddle bat sh1t crazy ideas WUWT often have articles denigrating "elitist" scientist - a recent example was by Melanie Phillips, she openly doubts vaccines and evolution - so dismissing AGW is pretty easy when you are a "crank magnet" and have your draft ideas repeated in theses ridiculous websites ***Ad Hom ALERT *** (again) |
to put it into perspective, the royal bank of scotland bail out cost 45bn. this would keep port talbot producing for 123 years! i know its not a viable business at the moment but worth considering.
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Just typing this as I finish a 6-2 on the Scunthorpe plant. I dunno if it's going through but apparently Tata are underwriting loans for the possible takeover by Greybull.
My understanding was that the deadline was today but it was an unofficial one, so I should be coming to work tomorrow :lol1: 300 or so people are leaving today on VR/retirement, as its March 31st. |
Originally Posted by scoobysteve1983
(Post 11815441)
to put it into perspective, the royal bank of scotland bail out cost 45bn. this would keep port talbot producing for 123 years! i know its not a viable business at the moment but worth considering.
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Iv got a quid , will that be enough
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Originally Posted by scoobysteve1983
(Post 11815441)
to put it into perspective, the royal bank of scotland bail out cost 45bn. this would keep port talbot producing for 123 years! i know its not a viable business at the moment but worth considering.
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