| Except that’s not why the current furnaces are being shut down. They’re being closed because of emissions. Nor have you got the right read on why Britain will be "left without a way of transforming iron ore into steel". For a start when you bring up the quote about there being no demand for a second furnace, they are talking about a second steel recycling furnace, not an ore refining one. Which makes it irrelevant to the quote you’re so enamoured with. Secondly, the UK will be left without a way to transform ore into steel. Port Talbot has closed. Scunthorpe is closing. There is no ‘might’ here and the capability will be lost because nobody is investing in new plants to do that, not the private sector nor government. There are a myriad of reasons Tata might choose to either spin up new capacity elsewhere or just decide it doesn’t need capacity. Either way it’s not clear that energy prices in the UK are a significant factor in the loss of ore processing capability, compared to (as they explicitly say) CO2 emissions. What they are investing in is an energy-intensive electric-arc steel recycling furnace. Which kinda makes it look like energy prices aren’t that much bother. It seems to me that you and the OP are both making unsupported assumptions of single motivators in a complex picture of international trade and climate concerns. Not sure why you’re so keen on that, but if you want to ignore the stated reasons in favour of conjecture, that’s on you. |
You've said something like that a few times. Do you have a source for the mechanism by which it is being done? Because your links don't support the idea that this is being done to meet a climate target. They talk about the high costs and large daily losses (£1m a day) that the blast furnaces were facing. When you factor in the supply problem that the UK has with coal that is surely an energy problem.