ray winstone 5:37 Tue Oct 20
British Steel
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The End.
Thanks CAMERON.
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Replies - In Chronological Order ( Show Newest Messages First)
peroni
5:44 Tue Oct 20
Re: British Steel
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It's was always a Northern thing anyway, wasn't it?
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riosleftsock
5:47 Tue Oct 20
Re: British Steel
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Due to a slow down in domestic demand in the developing markets the price of commodities is falling.
Steel is one of these commodities.
Our steel producers are all privately owned, the chinese ones are state owned.
Once you turn a blast furnace off it costs a fucking fortune to get the steel production up and running again.
The chinese factories/mills operate on a perpetual production cycle, funded by the state.
What's the choice?
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Lee Trundle
5:50 Tue Oct 20
Re: British Steel
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peroni 5:44 Tue Oct 20
Scottish and northern. So care factor = nil.
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Mike Oxsaw
5:50 Tue Oct 20
Re: British Steel
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Buy more steel, Ray! Buy more steel!
Even if you have no use for it and can't actually afford it, buy it anyway because you'll be keeping somebody in a job.
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BarryShitpeas
5:53 Tue Oct 20
Re: British Steel
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Sheffield was the gaff years back. As said. Fuck 'em. Like coal, was probably not cost effective to produce/make here. Basic economics shirley
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zebthecat
5:53 Tue Oct 20
Re: British Steel
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Blah blah
"March of the makers"
blah blah
"Northern Powerhouse"
blah blah
"Hard working people"
All bollocks of course
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North Bank
5:55 Tue Oct 20
Re: British Steel
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Why is it uncompetitive surely not down to the wage demands over the decades of the unions, sorry to see it go mind
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riosleftsock
5:55 Tue Oct 20
Re: British Steel
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Mike
The chinese have done the opposite because they don't really get commodity PED.
Their production geared up to meet demand, when demand dropped they kept producing and stockpiled the stuff as it is cheaper to keep producing than to stop and start.
They basically have played poker blind.
Lets see where it leaves them, it was an expensive exercise for them.
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E12Hammer
6:00 Tue Oct 20
Re: British Steel
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Life moves on.
Once upon a time the greatest thing since sliced bread was wood, then stone, then something else, then something else, then they discovered metals, and steel, then plastics, then something else, then something else, then aluminium, etc etc.
A hundred years ago then world had a massive need for steel. Today is doesnt. Whats the point in producing something that the world has moved on from?
No, you'd rather use it a pointy stick to hit the tories with, like they have their finger on the "World Needs" button.
Fucking pathetic thread. I bet it eats at you every single day that Labour lost the last election spectuacularly.
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Mike Oxsaw
6:02 Tue Oct 20
Re: British Steel
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riosleftsock 5:55 Tue Oct 20
I suspect they'll happily sit on a steel mountain and drip feed it to other nations over the next decade or so, slowly killing off other nations productive capabilities.
India may just about be able to match them and not sink, but even the USA will opt for Chinese steel if it's cheaper than home produced.
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riosleftsock
6:04 Tue Oct 20
Re: British Steel
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"A hundred years ago then world had a massive need for steel. Today is doesnt. Whats the point in producing something that the world has moved on from?"
The world still has a massive need for steel.
10 years ago it had a gigantic need for steel.
The outrageous and unsustainable growth in construction in the middle and far east is petering out, the market has over-corrected the previous over-reacion to an increase in demand.
Cobweb theory. Google it.
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Claret Badger
6:07 Tue Oct 20
Re: British Steel
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competitve advantage
cost of labour
this is all the SHIT rhetoric shovelled by short termist capitalists
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mallard
6:08 Tue Oct 20
Re: British Steel
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BarryShitpeas 5:53 Tue Oct 20
Re: British Steel
Sheffield was the gaff years back. As said. Fuck 'em.....
That's a very bold statement coming from someone who was on their arse a few months back
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Sven Roeder
6:09 Tue Oct 20
Re: British Steel
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Steel price is down on a cyclical basis so let's let our steel plants close without even mothballing them so they are gone forever.
Very Northern Powerhouse
*Cue lots of Scunthorpe refugees fleeing the oppressive regime being driven around in limousines and put up in Gary Nevilles hotel*
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ray winstone
6:11 Tue Oct 20
Re: British Steel
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And it's a WHO right wing feeding frenzy.......
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BarryShitpeas
6:12 Tue Oct 20
Re: British Steel
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Yes Mallard
And I'm still on my arse. But for reasons that are completely irrelevant to this argument. do you think we should sustain an industry just to keep jobs?....... a bit different to a snake with tits making lies up making a bloke lose his job, home and kids in one fell swoop.
Thanks
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1964
6:16 Tue Oct 20
Re: British Steel
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How is it Camerons fucking fault if these steel companies can't survive by being commercially viable?
Be competitive with China, if you can't you go bust. That's the global market, nothing to do with the Tories as it would be nothing to do with the lefties if they were in power.
.. and don't tell me the taxpayer should support them, we had enough of that with Brown bailing out the Banks!
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,
6:22 Tue Oct 20
Re: British Steel
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Steel production would close in the UK whatever shade of government. Let's not kid ourselves.
The difference between the parties is what they do as a consequence.
The way we are going our population will be learning mandarin, Hindi and gudjerati so that they can man call centres of the future.
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Mike Oxsaw
6:24 Tue Oct 20
Re: British Steel
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ray winstone 6:11 Tue Oct 20
So, ray, how much patronage have YOU given British Steel over the years?
Not enough for them to keep running a viable business, it seems, which means they failed entirely due to YOU not buying what they were producing; not anybody else, YOU.
That's neither right or left wing: it's Economics 101.
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Agent Scud
6:25 Tue Oct 20
Re: British Steel
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Any failing industry needs to be either made profitable or closed down. I really can't see the logic in any other approach.
Of course you are going to get some hysterical little sixth form socialists bleating on about the 'poor' workers without being able to see the bigger picture but that's life and we need cretins like that to make the days more humorous.
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