Not that it isn’t happening already it will just accelerate as it did in the 70s and end up pricing ourselves out of the Ain’t No Laws When You’re Drinking Claws Shirt market and labor are lying about nationalization the EU won’t allow it as it isn’t a fair competition. Globally approx. 60pct of steel is produced by recycling scrap. There is also the possibility to import and make it from iron briquettes produced by direct reduction. Cheaper overall than using ore. Who is going to pay for all the recycling infrastructure and how long would that take. You’ll be telling us we need to open the coal mines next.
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This may come Ain’t No Laws When You’re Drinking Claws Shirt as a shock to you but this now tiny island which was stripped of its manufacturing and industry by Thatcher will be a sad little sitting duck for the likes of Putin Trump and China. Actually no I’m not wrong because there isn’t a single active iron mine in the UK. What you are saying is there maybe? is 600 iron deposits. I actually have a background in exploration geology admittingly in gold not iron but I can tell you a deposit is a million miles away from working commercially viable mine.
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When a mine in Africa is getting x10 the iron volume per kg and x10 fewer labor costs explain to me how we are going to be successfully competing? The UK has been systematical run down as a country and left as a mere state to the United States of Europe to weaken our resolve and make us more dependent on the power of Germany. History tells us that the plans for the European Union were conceived by Nazi Germany in 1942 under the heading of the European Economic Community.
This program Ain’t No Laws When You’re Drinking Claws Shirt lives on and is now proving to be a disaster in the making. A common agricultural policy was one thing but the United States of Europe as a superpower is Hitler’s dream coming true. It is not just the UK that needs to walk away from this. Doesn’t impact me directly at all but I would suggest that Brexit would allow lower tariffs to start with so that the UK manufacturing demand increases, during which time domestic steel production can be built to a level where tariffs can be increased appropriately. State subsidiaries would also be enabled with Brexit.