HOODLUM65 Posted October 20, 2015 Report Share Posted October 20, 2015 Looks like its the end of the steel industry in Scotland, due to overproduction by the Chinese, importing cheap steel.Despite Holyrood setting up a task force to attract a new buyer, alas I fear this is a talking shop only.Salmond didn't help when he allowed steel to be imported from China for the new Forth bridge.Cameron actions by toadying to the Chinese Prime Minister by firstly visiting China and now having the Chinese P.M. in London is a clear indication of how he views Scotland.Turns out that even Royalty have been drawn in, by holding a state banquet in the Chinese P.M.'s honour.Meanwhile, it's going to be a bleak Christmas for the Lanarkshire workers. sixties saintee 1 Quote Link to comment Share on other sites More sharing options...
HOODLUM65 Posted October 20, 2015 Author Report Share Posted October 20, 2015 Looks like its the end of the steel industry in Scotland, due to overproduction by the Chinese, importing cheap steel.Despite Holyrood setting up a task force to attract a new buyer, alas I fear this is a talking shop only.Salmond didn't help when he allowed steel to be imported from China for the new Forth bridge.Cameron actions by toadying to the Chinese Prime Minister by firstly visiting China and now having the Chinese P.M. in London is a clear indication of how he views Scotland.Turns out that even Royalty have been drawn in, by holding a state banquet in the Chinese P.M.'s honour.Meanwhile, it's going to be a bleak Christmas for the Lanarkshire workers.Edit:- Prime Minister to read President. Quote Link to comment Share on other sites More sharing options...
canuck_saint Posted October 20, 2015 Report Share Posted October 20, 2015 the realities of a globally economy unfortunately. One of the workers was on the news earlier saying even if the staff took no wages, they still couldnt produce cheaper than the chinese. You either change industry, or you change the system. Quote Link to comment Share on other sites More sharing options...
AthensSaint Posted October 21, 2015 Report Share Posted October 21, 2015 Change Global Industry, its one small steel mill in one small town ??? Basically if the Steel plant is run at a loss, then why run it. Quote Link to comment Share on other sites More sharing options...
Honest Saints Fan Posted October 21, 2015 Report Share Posted October 21, 2015 Scotland's steel industry didn't bid for The Forth Bridge because it is the wrong type of steel btw. HOODLUM65 and Abernethy Saint 2 Quote Link to comment Share on other sites More sharing options...
sixties saintee Posted October 21, 2015 Report Share Posted October 21, 2015 Change Global Industry, its one small steel mill in one small town ??? Basically if the Steel plant is run at a loss, then why run it.About 9000 jobs in total with decimation to the surrounding communities up and down the country, Osbourne goes to china and begs them to apply for the hs2 white elephant steel contract, they could bail out the fecking bankers, but no help for the steel industry,answer me this Athens how can the chinese make steel so cheap. Cagey 1 Quote Link to comment Share on other sites More sharing options...
myDarlingBeefeater Posted October 21, 2015 Report Share Posted October 21, 2015 David Cameron to challenge the Chinese president, Xi Jinping, over job losses in the British steel industry...Hameron: "What about this cheep steel then?"Xi: "What about it?"Hameron: "More quail's eggs, master?" I'd say it has almost as much to do with the failed energy "market" in this country as cheep imports. Other western nations aren't in such trouble. Quote Link to comment Share on other sites More sharing options...
Paul N Shark Posted October 23, 2015 Report Share Posted October 23, 2015 About 9000 jobs in total with decimation to the surrounding communities up and down the country, Osbourne goes to china and begs them to apply for the hs2 white elephant steel contract, they could bail out the fecking bankers, but no help for the steel industry,answer me this Athens how can the chinese make steel so cheap.State aid and paying workers peanuts. sixties saintee 1 Quote Link to comment Share on other sites More sharing options...
canuck_saint Posted October 23, 2015 Report Share Posted October 23, 2015 Change Global Industry, its one small steel mill in one small town ??? Basically if the Steel plant is run at a loss, then why run it.we propped up the banks with billions when they were unsustainablewe pay countless billions into the NHS when it haemorrages money every daytrident costs billions and doesnt keep the country any saferA few million to keep a whole community viable - and its seen as madness! Quote Link to comment Share on other sites More sharing options...
sixties saintee Posted October 24, 2015 Report Share Posted October 24, 2015 State aid and paying workers peanuts.Thats why Athens did not comment. Quote Link to comment Share on other sites More sharing options...
AthensSaint Posted October 26, 2015 Report Share Posted October 26, 2015 Let us buy local steel at four times the price just to keep a few union leaders in pension and expense rights. Quote Link to comment Share on other sites More sharing options...
babychunder Posted October 26, 2015 Report Share Posted October 26, 2015 (edited) Chinese labour costs are a fifth of ours. When the plant is in a developed country like ours the overheads and fixed costs (plant, property, equipment) are also higher. Also the production costs are higher here due to steep energy prices, the cost of all the clean air regulations, and the fact that the raw materials come from further away. The strong pound has made it harder to sell our steel overseas. Plus China's plants run at higher capacity production than ours. It seems that with China not buying so much of its own steel, they've made a push into overseas sales to keep their capacity sold. Whether they're selling below cost or not I don't know. Finally the global steel industry has suffered from overcapacity for years.I feel sorry for the steelworkers who'll lose their jobs like, but I can't really see how all these problems can be addressed to keep the industry going here. Government subsidies are illegal under EU rules, in case anyone thinks that's the answer. Edited October 26, 2015 by babychunder Quote Link to comment Share on other sites More sharing options...
sixties saintee Posted October 26, 2015 Report Share Posted October 26, 2015 Let us buy local steel at four times the price just to keep a few union leaders in pension and expense rights. Took you long enough to come up wae a answer, right answer Government subsidised .why cant we do that and sell our steel over the world and save our jobs Quote Link to comment Share on other sites More sharing options...
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