8min chapter

Patrick Boyle On Finance cover image

The Great British Bailout

Patrick Boyle On Finance

CHAPTER

Electric Steel: Balancing Sustainability and Security

This chapter explores the UK government's decision to subsidize Tata and Jingyi Group for electric steel production, raising concerns about the nation's self-sufficiency and reliance on imports. It examines the evolution of electric arc furnaces, implications for domestic jobs, and the strategic risks associated with critical minerals in a shifting global landscape.

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