Let's look at the situation from a business point of view?

First, if you were TATA, would you sell your UK plants to what would then be a competitor?

If you were a "potential buyer" how would you compete with China where workers might be paid £200 a month?

If you bought the steel plants and continued producing steel, who would you sell it to?

Just looking at the above, would you put any money in to the UK steel business?

The UK used to have a big shipbuilding industry but where are the ships built now? = South Korea, China and Japan.

The only thing is, those countries turn out so much stuff, in the end there'll be so much of it kicking around, no-one will want it because they've saturated the market. They've certainly boomed, but over production will lead to bust!

I think it'll be goodnight, ta-ta.