re: [Update] The UK votes to leave the EU
 

Its price...

re: [Update] The UK votes to leave the EU
 

.... in no small part due to the cost of power (green levy) to keep the furnaces operational.

Once again the UK is playing an international game by a very different set of environmental rules.

re: [Update] The UK votes to leave the EU
 

So why not do what China is doing? They dump cheap steel on Europe and pay for it by hiking up 43% tariffs an imports.

re: [Update] The UK votes to leave the EU
 

Ask the EU.

re: [Update] The UK votes to leave the EU
 

It is because of the EU that we can't impose these tariffs or we can't Nationalise fully the Steel Industry.

re: [Update] The UK votes to leave the EU
 

Why can't we nationalise it temporarily, Italy did

http://www.thelocal.it/20141225/ital...ed-steel-plant

re: [Update] The UK votes to leave the EU
 

We could, with EU permission, just as we nationalised RBS.

It's the permission bit I profoundly object to.

re: [Update] The UK votes to leave the EU
 

Which is the point I made. It is because of the terms of EU membership that we can't act in the way we see fit for our own nation we have to get their 'permission'.

re: [Update] The UK votes to leave the EU
 

For a start, it costs too much beacause of UK govt imposed energy tax hikes to aid green energy production and (unilaterally) decrease carbon emissions. :rolleyes:

re: [Update] The UK votes to leave the EU
 

Because we have a Tory Government and we all know their motto - If it moves, Pravatise it.

---------- Post added at 07:08 ---------- Previous post was at 07:02 ----------

A stealth tax we, the consumer have to pay for. It seems incredible to me that the people who make these laws on taxes can actually claim back on their expenses the cost of whatever they use such as electricity, phones, transport, the very things that cause pollution in the first place.

re: [Update] The UK votes to leave the EU
 

OK, so you want to blame the Tories for everything. Have you not factored in what the EU would say to any proposal to nationalise the steel industry? Once again, our ability to decide what is right for our own country is taken out of our hands.

In any case, when you look at how much the company is losing every day, I don't think that nationalisation is a sustainable solution. Think what it will do to the national debt!

re: [Update] The UK votes to leave the EU
 

I'm not sure that a million a day can be considered a big deal in the terms of either our national debt or the deficit.

re: [Update] The UK votes to leave the EU
 

All the more reason why we should leave the EU I'd have thought. And yes, I blame the Tories for a lot of what's happening in our own country. One word. Thatcher!

re: [Update] The UK votes to leave the EU
 

Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS was a British stateswoman and politician who was the Prime Minister of the United Kingdom from 1979 to 1990 and the Leader of the Conservative Party from 1975 to 1990.

you could respect her achievements a little better than one word ;)

re: [Update] The UK votes to leave the EU
 

Who inherited "The sick man of Europe" from Callaghan's socialist failures with rubbish in the streets, massive loss making nationalised industries and the dead going unburied and took us to the powerhouse of Europe and envy of the world. We have a lot to be grateful for.