UK's third-largest steelworks collapses into government control

Comments

• reddig33@lemmy.world ⁨18⁩ ⁨hours⁩ ago

  How do you fuck up steel? Something every country needs for infrastructure and construction.

  source

  • tal@lemmy.today ⁨18⁩ ⁨hours⁩ ago

    China’s been producing a very great deal of it in past years.

    en.wikipedia.org/…/List_of_countries_by_steel_pro…

    The biggest steel producing country is currently China, which accounted for 54% of world steel production in 2023.

    Historically, the UK had access to coal and was an early starter on a lot of industrialization stuff. Today, other countries have industrialized too.

    From the Wikipedia page:

    Entity	2024 million metric tons production	1967 million metric tons production
    World	1,881.4	497.2
    China	1,005.1	14.0
    UK	4.0	24.3

    source

    • SubArcticTundra@lemmy.ml ⁨15⁩ ⁨hours⁩ ago

      This sounds like a reasonable case for tariffs

      source

      • -> View More Comments