There is either a market for it or there isnt. If there is a market for it then the cost of producing it needs to be looked at. I remember seeing the energy costs for Tata for huge compared to other countries.

ps - if they shut it down - then we can buy it for a quid and we can start polluting the atmosphere again or just buy an electric furnace instead of a coal fired one. We are out of the EU, so the EU laws on stopping state intervention / competitor advantage are gone - unless they are part of some other agreement ?

Well done though on getting the Tories and Corbyn in on the same sentence.

pps just for info - it was the Chinese that screwed it by dumping steel on the open market. China produces 800 million tonnes a year - we make about 8 - we are insignificant other than niche.