Picture of UK Houses of Parliament

Leading national thinking on politics, government & public policy through Open Access research

Strathprints makes available scholarly Open Access content by researchers in the School of Government & Public Policy, based within the Faculty of Humanities & Social Sciences.

Research here is 1st in Scotland for research intensity and spans a wide range of domains. The Department of Politics demonstrates expertise in understanding parties, elections and public opinion, with additional emphases on political economy, institutions and international relations. This international angle is reflected in the European Policies Research Centre (EPRC) which conducts comparative research on public policy. Meanwhile, the Centre for Energy Policy provides independent expertise on energy, working across multidisciplinary groups to shape policy for a low carbon economy.

Explore the Open Access research of the School of Government & Public Policy. Or explore all of Strathclyde's Open Access research...

Scottish steel in the post-Thatcher decade

Stevens, Jim (1990) Scottish steel in the post-Thatcher decade. Quarterly Economic Commentary, 16 (2). pp. 83-87. ISSN 0306-7866

PDF (FEC_16_2_1990_StevensJ)
Final Published Version

Download (201kB)| Preview


    On 9 November, BS plc indicated their intention of closing the Clydesdale Tubeworks at Bellshill, Lanarkshire by March 1991. This follows the announcement in May that the Hot Strip Mill at BS's Ravenscraig works at Motherwell will cease production next April. Both these measures were not unexpected. In previous Commentaries and elsewhere, we have illustrated the financial incentive to BS deriving from rationalisation and stressed the vulnerability of both these operations to the then anticipated slowdown of activity projected for 1990-91. Recent events in the middle east and the consequent oil price shock have contributed to a further deterioration in the short-term outlook for steel markets. In addition, the prospect of military conflict promises to both prolong and deepen the recession now confronting the world economy. The reaction to these closures has proved furious as Scottish politicians, trade unions and industrial leaders set out to confront an entrenched British Steel. This economic perspective therefore considers the future of the steel industry in Scotland.