So the actions of Unions over the years is coming to rest.
TATA want to sell all of its steel foundries in the UK.
The only corporation likely to buy it, would be the Chinese, but they will want a huge subsidy.
Why?
Well the Chinese have been flooding the market with cheap steel, which has helped to fuel this failure.
TATA have said the cost is too much and as a business you can't blame them if there is no profit.
The steel industry is still run by the unions and only want to save their own necks.
Here is a new idea.
Keep the workers and sack the unions! No I don't think they will go for it either.
So it's doomed! Our car industry is out of the window compared to 25 years ago.
The ship industry is out of the window compared to 25 years ago.
The construction is less.
So the order books are down and why would the industries buy expensive steel?
RIP Steel industry UK.
TATA want to sell all of its steel foundries in the UK.
The only corporation likely to buy it, would be the Chinese, but they will want a huge subsidy.
Why?
Well the Chinese have been flooding the market with cheap steel, which has helped to fuel this failure.
TATA have said the cost is too much and as a business you can't blame them if there is no profit.
The steel industry is still run by the unions and only want to save their own necks.
Here is a new idea.
Keep the workers and sack the unions! No I don't think they will go for it either.
So it's doomed! Our car industry is out of the window compared to 25 years ago.
The ship industry is out of the window compared to 25 years ago.
The construction is less.
So the order books are down and why would the industries buy expensive steel?
RIP Steel industry UK.
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