Is The Price You Pay For Steel A Reflection On The Market Price?

[matt1978]

Also I heard that the UK doesn't have a voice on at the World Trade Organisation table anymore, only via the EU Commission as they are the only recognised voice from any of the member states.

Their are already WTO rules in place about state sponsorship and "dumping" but as it only seems to be effecting the UK at the moment no one else within the EU is prepared to kick up much fuss.

 

[slim_boy_fat]

.....Don't get me started on Engineers v Accountants but that's the basis.

Definition of an Accountant: The person brought onto the field of battle after the event, not to count the dead but to bayonet the wounded.

 

[blenkie1]

It's not just the steel industry though. Look at the coal industry. We have millions of tons of good coal reserves and are still producing a lot of our electric from it yet we would rather pay them men dole and import from Russia and Columbia. It's a funny old country.

 

[brightspark]

It's not just the steel industry though. Look at the coal industry. We have millions of tons of good coal reserves and are still producing a lot of our electric from it yet we would rather pay them men dole and import from Russia and Columbia. It's a funny old country.

its a matter of economics and price . one day it might become viable to open -new mines if import prices went through the roof

 

[ronan]

its a matter of economics and price . one day it might become viable to open -new mines if import prices went through the roof

It'll never happen, the greenie's have put paid to that, they think they can power everything with their farts and their sense of smugness.

 

[blenkie1]

Think coal would have ended one day it has too really it's just the fact we have coal, we need coal but we choose to buy from elsewhere, and Russia of all places. But could, what happened to the coal industry happen to steel and stop altogether if it's all about price and economics. Would Germany ever buy its coal from Russia?

 

[brightspark]

Germany has no need they do open cast mining with a bloody big bucket cutting machine

 

[blenkie1]

Here is a German machine with a cat D8 in one of the scoops!

 

[ronan]

Here is a German machine with a cat D8 in one of the scoops!

A common mistake, sure we've all done it.

 

[brightspark]

A common mistake, sure we've all done it.

not recently

 

[TechnicAl]

its a matter of economics and price . one day it might become viable to open -new mines if import prices went through the roof

Would you rather pay your son to cut the grass or someone else's son............you will have to give your son money anyway.........he might as well earn it

So no its not always a matter of price

 

[blenkie1]

Would you rather pay your son to cut the grass or someone else's son............you will have to give your son money anyway.........he might as well earn it

So no its not always a matter of price

The government thinks we should follow what the markets are selling for blindly instead of thinking of all the problems that closing major industry does.