Ravenscraig: in the melting pot

Jim Love, Jim Stevens

Research output: Contribution to journalArticle

Abstract

The future of the Ravenscraig steel complex at Motherwell remains uncertain. BSC's views on the future of the UK steel industry are contained in the new and as yet unpublished Corporate Plan. There are reasons for believing that the plan will again recommend closure of Ravenscraig, the most recent guide to BSCs thinking being its evidence to the House of Commons Trade and Industry Committee in which they insist on the need to close one strip plant in the UK. This economic perspective considers the merit of this strategy and whether closure really provides longer term economic benefits, particularly when there are clear social costs involved.
LanguageEnglish
Pages59-60
Number of pages2
JournalQuarterly Economic Commentary
Volume9
Issue number4
Publication statusPublished - May 1984

Fingerprint

Closure
Economics
Steel industry
Economic benefits
Social costs
Industry
Steel

Keywords

  • Scottish industry
  • steel production
  • Scottish economy
  • Scotland
  • Ravenscraig

Cite this

Love, Jim ; Stevens, Jim. / Ravenscraig : in the melting pot. In: Quarterly Economic Commentary. 1984 ; Vol. 9, No. 4. pp. 59-60.
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Love, J & Stevens, J 1984, 'Ravenscraig: in the melting pot' Quarterly Economic Commentary, vol. 9, no. 4, pp. 59-60.

Ravenscraig : in the melting pot. / Love, Jim; Stevens, Jim.

In: Quarterly Economic Commentary, Vol. 9, No. 4, 05.1984, p. 59-60.

Research output: Contribution to journalArticle

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