Tag: Steel Industry
David “Mr Meeting” Cameron and his Balls of Steel.
The outcome is already a certainty. Cameron, his Ministers will be engaging in Cameron’s favourite pastime – a MEETING. This one is to “discuss” the fate of the moribund British Steel Industry. In fact, the industry’s fate had already been decided even as far back as 1988 when the British public was encouraged to throw its cash away by investing in an industry which has been dying since the end of World War II. British Steel eventually morphed into Indian Steel, with its epicentre on the Sub-continent. Now there is hysterical talk of us being stitched-up by China with its “inferior steel” (commentators are confusing “inferior” with “competitively priced” – and there is absolutely no proof that Chinese steel is, in fact, of poor quality)…..and forget all romantic notions of the “proud steel worker” being “thrown on the scrap heap”. It’s all about market forces, dear boy. Tata!