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Old 18-01-2016, 17:46   #26
TheDaddy
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Re: Here we go again - Port Talbot to axe 1,000 steel jobs

Quote:
Originally Posted by nomadking View Post
You seem to be the one confused. As I already posted and there is nothing in your link that contradicts it.
The money would have to be for specific things and NOT for keeping the plant open. IIRC one closed plant ran up losses of £300m. That meant the steel they were selling was at BELOW cost, ie DUMPING.

The "extra costs" I referred to, are the climate change ones.
Please that list is so ambiguous it even had temporary renationalisation included in it, the reasons are spurious to, like the area around the plant was contaminated, well that'd be reason to shut it not for the Italian government to step in and save it. More could've been done imo
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