: :inin Kyiv (EET)

Seeing red over Chinese metal exports


The embers inside Europe’s second-largest blast furnace, at Redcar, in northeast England, will die. For 170 years this has the been world’s most storied steelworks. Plate-iron beams from Redcar undergird Sydney Harbour bridge. Now, it’s become a victim of ‘industrial vandalism’, according to the local parliamentarian, speaking after the closure was announced at the end of September.
Blast furnace at Redcar (Photo courtesy of Flickr user Archangel12)
The UK government will be criticised for resisting a bailout. But the real perpetrator of Redcar’s demise, most think, comes from the other side of the world: Chinese exports. And all this as China’s president …read more

Source: Lowy Institute for International Policy

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