Redcar Steel plant
Discussion
528Sport said:
This crap country needs to scrap its pointless "green" taxes, buy local and start bloody well looking after our own. Until then as others have said the foreign suppliers are sitting raking it in laughing all the way to the bank.
As for the pic above of the failed part yup that's what you get. Sad state of affairs.
that works for me.As for the pic above of the failed part yup that's what you get. Sad state of affairs.
https://petition.parliament.uk/petitions/109039
Petition to save the steel plant, don't know if it will do any good but cannot do any harm, I feel its so unfair, allowing steel produced in highly polluting plants into the country, at the same time shackling you own producers with extra costs from environmental costs.
Petition to save the steel plant, don't know if it will do any good but cannot do any harm, I feel its so unfair, allowing steel produced in highly polluting plants into the country, at the same time shackling you own producers with extra costs from environmental costs.
PRTVR said:
https://petition.parliament.uk/petitions/109039
Petition to save the steel plant, don't know if it will do any good but cannot do any harm, I feel its so unfair, allowing steel produced in highly polluting plants into the country, at the same time shackling you own producers with extra costs from environmental costs.
Signed. I'm local to the plant and want to see it saved, its not just an industry up here, its a way of life for a lot of people. 1700 staff plus all the suppliers and local business who piggyback of the earnings of those at the plant.Petition to save the steel plant, don't know if it will do any good but cannot do any harm, I feel its so unfair, allowing steel produced in highly polluting plants into the country, at the same time shackling you own producers with extra costs from environmental costs.
Govt needs to step in on this and show that it believes in committing to issues other than in London. Like has been mentioned, we are being strangled by the lowest quality foreign imports which don't have to comply to the same rules as we have here.
Mr GrimNasty said:
The 'locked in' green costs are expected to raise UK price a further 47% by 2020 for large users.
andymc said:
528Sport said:
legzr1 said:
crankedup said:
Nobody can be more keen than I to see our industries grow and thrive, the sad truth is that in this situation the owners simply cannot continue to pour in millions of loss pounds. Its hard economic facts in a Global market, if it was owned by Government maybe they would keep the place open, but very unlikely.
I hope that our Government can offer more support to the working people affected by the closure than was offered when the coal mines were closed!
It can be done and done well.I hope that our Government can offer more support to the working people affected by the closure than was offered when the coal mines were closed!
Consett was a large 'steel town' devastated by closure but time, investment and intelligent thinking helped greatly.
National house builders build expensive homes (that locals cant afford) on cheap land (money leaves local economy) using some subbies from down sarf. I own one of those homes and spoke to some of the contractors!
The likes of Costa, Starbucks and other chains setup shop providing some low paid jobs. Works bloody well. My house is worth £30K less than I paid for it in 2007.
This crap country needs to scrap its pointless "green" taxes, buy local and start bloody well looking after our own. Until then as others have said the foreign suppliers are sitting raking it in laughing all the way to the bank.
As for the pic above of the failed part yup that's what you get. Sad state of affairs.
The same thing happened with Alcan in Lynemouth (together with a tidy sum from Alcans owners - unfortunately, SSI are skint so I don't expect much financial help from them).
Now, compare and contrast to the numerous other Nothern ghost towns left to rot when industries like mining and ship building stopped and an unforgiving Government did next to nothing to help.
Nope, Consett isn't Chelsea or Cantebury but it's a hell of a lot better than it might have been.
It's been over 10 years since I visited the place but it was jumping on a Saturday night.
As an aside, I heard yesterday that the government were talking about helping out with energy costs for SSI at Redcar - to start in 2017....
Taking a step back and looking at the wider global economy however most commodities are falling in price. The global price of steel is at it's lowest level in over a decade and commodity cycles tend to be of quite extended duration. Intervention may well support the subsidisation of steel production would be a very long-term strategy (decade+). Steel plants are being idled and closed worldwide. It looks like the parent group have invested a lot of money into Redcar so mothballing the plant during a time of low prices would seem like a prudent business decision.
However I appreciate it's hard on the plant workers who will now have to find new employment because they can't sit around waiting for the plant to reopen.
However I appreciate it's hard on the plant workers who will now have to find new employment because they can't sit around waiting for the plant to reopen.
speedy_thrills said:
Taking a step back and looking at the wider global economy however most commodities are falling in price. The global price of steel is at it's lowest level in over a decade and commodity cycles tend to be of quite extended duration. Intervention may well support the subsidisation of steel production would be a very long-term strategy (decade+). Steel plants are being idled and closed worldwide. It looks like the parent group have invested a lot of money into Redcar so mothballing the plant during a time of low prices would seem like a prudent business decision.
However I appreciate it's hard on the plant workers who will now have to find new employment because they can't sit around waiting for the plant to reopen.
Totally agree. It's now, unfortunately, far too late to expect it to keep working (and the mothballing could become permanent) so the focus needs to be totally directed at the future needs of the community as a whole.However I appreciate it's hard on the plant workers who will now have to find new employment because they can't sit around waiting for the plant to reopen.
speedy_thrills said:
Taking a step back and looking at the wider global economy however most commodities are falling in price. The global price of steel is at it's lowest level in over a decade and commodity cycles tend to be of quite extended duration. Intervention may well support the subsidisation of steel production would be a very long-term strategy (decade+). Steel plants are being idled and closed worldwide. It looks like the parent group have invested a lot of money into Redcar so mothballing the plant during a time of low prices would seem like a prudent business decision.
However I appreciate it's hard on the plant workers who will now have to find new employment because they can't sit around waiting for the plant to reopen.
The problem comes if the plant doesn't reopen, if you let dumping of cheap steel into the country, the financial point at which it can reopen will never materialise, then you become dependant on foreign imports.However I appreciate it's hard on the plant workers who will now have to find new employment because they can't sit around waiting for the plant to reopen.
It's quite ironic on the BBC they showed a picture of the steel plant alongside a large group of wind turbines, one of the reasons that the costs are rising for British industry.
It has to be remembered that it will not only the 1700 people who will lose their jobs there will be many more in support industries, this is into an area of high unemployment, not a pleasant prospect for the people made redundant.
Resolving the costs of doing business in this country has to be at the heart of any government intervention. And it must apply equally to all industry sectors.
Artificially propping up the price of a product is as bad as artificially keeping it low. The downstream organisations who depend on it then become equally uncompetitive - a government cannot prop up all prices in that way.
The energy price chart is interesting. A similar one on business taxes and regulations would be equally illuminating.
Artificially propping up the price of a product is as bad as artificially keeping it low. The downstream organisations who depend on it then become equally uncompetitive - a government cannot prop up all prices in that way.
The energy price chart is interesting. A similar one on business taxes and regulations would be equally illuminating.
Murph7355 said:
Resolving the costs of doing business in this country has to be at the heart of any government intervention. And it must apply equally to all industry sectors.
Artificially propping up the price of a product is as bad as artificially keeping it low. The downstream organisations who depend on it then become equally uncompetitive - a government cannot prop up all prices in that way.
The energy price chart is interesting. A similar one on business taxes and regulations would be equally illuminating.
^All of this, 100%.Artificially propping up the price of a product is as bad as artificially keeping it low. The downstream organisations who depend on it then become equally uncompetitive - a government cannot prop up all prices in that way.
The energy price chart is interesting. A similar one on business taxes and regulations would be equally illuminating.
If governments start actively trying to pick winners and losers - as they did with further education in the 90s, pumping out more IT graduates than the market was ever going to recruit - it rarely ends well. Instead they need to look at overall redtape and global competitiveness.
I'm still waiting for Dave's bonfire of the quangos...
Digga said:
Murph7355 said:
Resolving the costs of doing business in this country has to be at the heart of any government intervention. And it must apply equally to all industry sectors.
Artificially propping up the price of a product is as bad as artificially keeping it low. The downstream organisations who depend on it then become equally uncompetitive - a government cannot prop up all prices in that way.
The energy price chart is interesting. A similar one on business taxes and regulations would be equally illuminating.
^All of this, 100%.Artificially propping up the price of a product is as bad as artificially keeping it low. The downstream organisations who depend on it then become equally uncompetitive - a government cannot prop up all prices in that way.
The energy price chart is interesting. A similar one on business taxes and regulations would be equally illuminating.
If governments start actively trying to pick winners and losers - as they did with further education in the 90s, pumping out more IT graduates than the market was ever going to recruit - it rarely ends well. Instead they need to look at overall redtape and global competitiveness.
I'm still waiting for Dave's bonfire of the quangos...
Long term propping up is not what's required, the reality is although the current spot price is very low, this is literally a blip because of dumping, it's quite likely n the next 6-12 months to swing the other way, at which point there will be a shortage and the price will spike.
It would be nice to think our government could do something about the parlous state of British iron and steel production.
But then it would also be nice to think an island floating on coal might use it's natural resources to best effect.
But until we get over the thought we're leading the World in environmental sustainability bolleaux we're hamstrung.
Still, it's nothing an upsurge in immigration can't solve...
But then it would also be nice to think an island floating on coal might use it's natural resources to best effect.
But until we get over the thought we're leading the World in environmental sustainability bolleaux we're hamstrung.
Still, it's nothing an upsurge in immigration can't solve...
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