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Cake day: October 5th, 2023

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  • It’s also worth noting that it wouldn’t just be china profiting financially. It would create a dependence on china for an essential material.

    Given how rocky International relationships are at present we need to consider how we would manufacture weapons and vehicles should we find ourselves in a major conflict.

    If Europe is at war with russia it’s unlikely china would willingly provide the steel we need.


  • What I read elsewhere that made a lot more sense is the Chinese owners, Jingye, intended to turn off the furnaces in a way that it would effectively never be possible to use them again without incurring a lot of time and extraordinary cost.

    In doing so Britain would have no choice but to purchase steel from China.

    Therefore even if it’s going to be expensive for the government to maintain in the long term it will be a better deal for Britain than letting china monopolise an essential material.