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Headline

Steel relighting is a welcome beacon of good news

Comment

Of course we should be concerned, and at last some are. We have to re-learn how to pay our way in the World, which we are not doing. But there seems to be a fundamental lack of understanding about the role in this being played by SSI. This is hardly manufacturing to be compared even with companies like Honda and the others mentioned. It is producing a crude semi finished slab for others to use and add value to. For decades we have been preaching that it is the job of the "Third World" to produce basic raw materials, particularly semi-steel products such as slabs, billets, and blooms, so that the more advanced economies can make finished manufactured goods from them. This "new" project on Teesside reverses this thinking. Welcome to the "Third World".

Posted date

19 Apr 2012

Posted time

11:02 am

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