Well - given that we only produce about 4.5% of EU steel - and our output has declined year on year in comparison with Germany, Italy and France who collectively make over 50% of EU steel then the answer is probably "No - why bother"
However, there is something in the psyche of many nations that means an absence of steel manufacturing capability is "unsettling"
Personally speaking, we shouldn't have allowed our steel industry to decline in the first place - a comment true of many other sectors - but we are where we are, so basically it looks like the end of the line and there is no real feasibility of the plant being saved anyway - the current owners ain't going to come up with the money
It's going to play hell in and around the local economy - and you can hear the mantra of "See, if we had a proper BREXIT, we could sort it out with a government loan" - but that's not going to happen either.
I'm afraid that it's gone and that's the end of it
Well - given that we only produce about 4.5% of EU steel - and our output has declined year on year in comparison with Germany, Italy and France who collectively make over 50% of EU steel then the answer is probably "No - why bother"
However, there is something in the psyche of many nations that means an absence of steel manufacturing capability is "unsettling"
Personally speaking, we shouldn't have allowed our steel industry to decline in the first place - a comment true of many other sectors - but we are where we are, so basically it looks like the end of the line and there is no real feasibility of the plant being saved anyway - the current owners ain't going to come up with the money
It's going to play hell in and around the local economy - and you can hear the mantra of "See, if we had a proper BREXIT, we could sort it out with a government loan" - but that's not going to happen either.
I'm afraid that it's gone and that's the end of it
