British metallurgy needs government support

Karl Keler, the head of the European operations Tata Steel, called on the government to provide the same support for the metallurgical industry as in relation to the automotive and aerospace industries."If the government is seriously related to the restoration of equilibrium in the economy and the creation of sustainable jobs in the regions, then it should recognize the importance of the basic branches of the UK industry," said Keler.The study of the steel industry shows that the number of companies of manufacturers of metal distribution working in the sector fell by almost a quarter since 2008, compared with a decrease in 3 percent of the entire manufacturing industry.In conditions of weak demand in the world market, some of the largest industrialists of Great Britain warned that environmental taxes put British factories in unprofitable conditions of competition compared even with European enterprises.Metallurgists complain that energy prices are pushing them to a crisis point and believe that the government’s policy will most likely lead to an increase in electricity price by as much as 50 percent by 2020.Vince Kabel, a business secretary, said that the reduction in electricity costs for industry will be one of the priority, which gives hope to reflect the issue in the upcoming budget."We admit that the steel industry has problems in terms of energy costs," he said.Terry Sculer, EEF Executive Director, manufacturers, said that without outside assistance, the steel and chemical industry would simply disappear from the UK.He said: "It is foolish to think that we can exist without these industries, and that would be a disaster for the UK."Metal distribution