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nickdothuttonyesterday at 2:08 PM0 repliesview on HN

The 2 remaining blast furnaces need about 500m to 750m GBP spending on them within the next 2-5 years or they are just scrap themselves. UK Gov has ditched plans to fully fund the armed forces (would have meant a lot of new warships etc), which would have provided orders for virgin steel from such furnaces. It's hard to see how this has a happy and sustainable ending.