- May 8, 2018
- 11,702
Good
We used to make things in this country
We used to make things in this country
isn't the problem the cost of keeping the blast furnace going? as i recall the owner was going to convert to arc furnaces, just takes some time and loses most the jobs.Are you advocating the scraping of plans for the new electric arc furnace there?
No, but I do avocate retaining the capacity to produce virgin steel. Scunthorpe is the last place in the UK that can do it.Are you advocating the scraping of plans for the new electric arc furnace there?
If the plant is to be nationalised, the long term plan is arc furnaces. The coke plant there was decommissioned in 2023. I see little point in investing in the past by trying to recommission coke production.isn't the problem the cost of keeping the blast furnace going? as i recall the owner was going to convert to arc furnaces, just takes some time and loses most the jobs.
70% of steel in the USA is manufactured by modern electric arc furnaces. I suspect blast furnaces (that use coke rather than natural gas) are a thing of the past.No, but I do avocate retaining the capacity to produce virgin steel. Scunthorpe is the last place in the UK that can do it.
As an aside, I'm assuming that the blast furnace there is old technology? Should it maybe be replaced with a newer, more efficient, blast furnace?
seems rather pointless to nationalise only to do what the Chinese owner was going to do anyway.If the plant is to be nationalised, the long term plan is arc furnaces. The coke plant there was decommissioned in 2023. I see little point in investing in the past by trying to recommission coke production.
Keeping the blast furnace going is clearly the answer until the arc furnaces are complete (they have planning permission). But I imagine they'll have to buy coke in rather than produce it on site.
70% of steel in the USA is manufactured by modern electric arc furnaces. I suspect blast furnaces (that use coke rather than natural gas) are a thing of the past.
I also suspect that the investment needed to modernise has not been forthcoming from the Chinese which is why we find ourselves in the current predicament.
Hopefully, this will be a case of significant short term investment leading to long term profits, jobs and security.
Sounds logical to me.It strikes me that foreign owners were never interested in producing steel here when they could do it cheaper at home, and were more interested in increasing their market share by eliminating the competition.
Pretty sure it's an old Coke fired system, not good for the environment and expensive as I think we have to import the Coke....younger viewers will find this quite funny but there is a much earlier version of Coke and its not what they think it is...not sure if we should re/nationalise the Scunthorpe plant, do we desperately need the steel it produces or is it a vanity project ? We ( mostly Tory governments ) were happy to let almost every other UK heavy industry wither on the vine ?No, but I do avocate retaining the capacity to produce virgin steel. Scunthorpe is the last place in the UK that can do it.
As an aside, I'm assuming that the blast furnace there is old technology? Should it maybe be replaced with a newer, more efficient, blast furnace?
Pretty sure it's an old Coke fired system, not good for the environment and expensive as I think we have to import the Coke....younger viewers will find this quite funny but there is a much earlier version of Coke and its not what they think it is...not sure if we should re/nationalise the Scunthorpe plant, do we desperately need the steel it produces or is it a vanity project ? We ( mostly Tory governments ) were happy to let almost every other UK heavy industry wither on the vine ?
I was going to post the same thing, even Farage is sort of on board. No surprise though, both major parties select utter dross when freshly out power.Interesting to see the reaction from the other parties:
Reform: "It's the right thing to do"
Greens: "It's the right thing to do"
Lib Dems: "It's the right thing to do"
Conservatives: "Labour are incompetent"
The other parties seriously lucked out when the Tories picked Badenoch as leader. She's totally useless.
Even more so when (yet again) the story is... Guess who sold the company to the Chinese?I was going to post the same thing, even Farage is sort of on board. No surprise though, both major parties select utter dross when freshly out power.
That said they really picked one there though. Completely useless at politics and public office with the added value of coming across as vindictive and completely unlikeable.
Like Truss she lives a post truth Trumpian sub-universe where no-one bothers to check the facts.Even more so when (yet again) the story is... Guess who sold the company to the Chinese?
"Following a period of financial instability, British Steel was taken over by the government's insolvency service in 2019 and then acquired by Chinese steel-making firm Jingye the following year."
Yup, you guessed it. The government's insolvency service. Which government, you may ask? Badenoch's Conservative one.
Can they do the same with the Railways, The Electricity and Gas Supply and the Water?Looks like they're going to nationalise it. Looks like it's going to be necessary to nationalise it too. The world is turning.
It’s all Thatcher’s fault has long been a favourite saying in this householdGood
We used to make things in this country
Railways is being done. As franchises end they are returning back to govt control. Water would be a huge cost to cover the debts of some and shareholders of all, and improvements / benefits would take generations. Electricity would mean buying back , largely from foreign companies and govts. Edf energy is French for example, scottish power is spanish and EON is german. UK power networks is owned by CKG who run Hong Kong electric. The hope is the GB energy that is run by the govt can insert a leverage into the marketCan they do the same with the Railways, The Electricity and Gas Supply and the Water?
Well, firstly 2,700 jobs are on the line, then there are many other manufacturing industries which feed off the steel produced at Scunthorpe that would need to source steel from abroad and that would jeopardise many other jobs as, no doubt those costs would increase.Here is an interesting article on the subject, which should be read in the context that the geo-political situation has changed somewhat since last June, and brings up the interesting question of whether we have any iron ore reserves in the UK?
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Does it really matter if we can't produce "virgin steel" anymore?
In short, not half as much as people might have you believe. But that doesn't mean there aren't some real problems with Britain's plans to ditch all its blast furnaces.edconway.substack.com
We absolutely should be looking to make strategic investments in industries like steel in order to keep them in the UK. Longer term and beyond any one, two, three, four etc Governmental terms should be the priority and we really ought to have been making these investments a decade or two ago. Whatever the short term cost, the country will be much better off in the longer term.
The Chinese owner was going to shut down the plant.seems rather pointless to nationalise only to do what the Chinese owner was going to do anyway.