Race to save British Steel factory after Chinese firm’s ‘sabotage’

I understand the reasoning to not sell core-industries to Chinese investors and actually agree, just like they shouldn’t be sold to US investors… good luck on that by the way.

But it is incredibly asinine to suggest the Chinese government told Jingye to let the plant die by not providing more coal. This site has been at death’s door for decades, there’s a reason for that, just like there was a reason for the MoD to completely take over the business of Sheffield’s Forgemasters.

The sites themselves are no longer capable of competing globally due to the lack of resources being mined in the UK and due to the cost of energy. It is as simple as that. If you, as owner of a factory, have to eat a £700k bill every day whilst trying to turn a business around with targeted investment and then you get news of an Orange Ape deciding to upset the global economy, you would pause and consider your options as well.

To equate that to ‘sabotage’ or to suggest it is a ‘Chinese government ploy’ is dumb and only serves to point fingers of blame in any direction other than the failing organisation. The government has taken the ball and chain on now, it’s an excellent job-provision project, but it will cost the tax payer millions a year.

And we let our water and power, rail be handled by private organisations using our money to subsidise their own infrastructure at home?

Is it actual sabotage though or is it just the leaders hiding some CCP comms or something?

I just find it hard to believe that a Goliath like China really cares that much about us sourcing our v steel from elsewhere than being able to produce it ourselves? Especially as real sabotage would pretty much force us to look anywhere _but_ China for this resource if they really have crippled something.

International relations is getting really weird.

If uk go were going to
convert blast furnaces to electric (like Canada) now is the time to model their hydro electric requirements into a dedicated renewables solar + windfarm feed which resolves coal emissions, pollutants, transport etc on the head and makes for cost payback in a simple low cost manner.

Coal is not cheap.
Drawing off your own solar and windfarm minimises energy costs at industrial £ rates and minimises drawing from the main UK grid at other times.

If we are building lots ot renewables and interconnectors this is what it’s about.

This is such a stupid story now… if British made steel was so vital we would never have sold it to another country, and would have other steel factories in the country as well

Maybe it really is just a massive money drain and the Chinese owner thought “fuck this” like every owner before them? Trying to spin it into it being some massive conspiracy is a bit far fetched

We are so naïve – if you look at this case, a subsidiary of the Chinese government bought our steel and were going to let the furnace die to ensure we had to buy their imported steel (likely from China!). At at time when we are looking to increase military spending and manufacturing, plus dealing with Trump tariff’s – this is a clear attempt at having us over a barrel and crippled.

NOW DO THE SAME WITH WATER!!!!!

Private ownership IS NOT WORKING!!

Next breaking headline
Boat heading for GB sinks ,coal lost .
Oh wait we are literally sitting on millions of tonnes of our own

Why was china allowed to run a vital British function. Absolutely bonkers. Same as the Russians owning so much.

The Tory Party destroyed the steel and coal industries under Thatch. Arthur Scragill must be spinning in his grave right now.