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Transcripts for BBCNEWS BBC News 20211012 08:24:00

great. government, please step in and help us now. but i would also say that the steel sector is making money now for the first time in about years, or it was, before the crisis. the global price of steel for six to eight years has been very low, companies are not making a profit, they are not making a profit in the uk because cost for energy is much higher than competitors and it is only the last eight month also that the price of steel has risen so much that thankfully in the uk steel producers are making money, but it is not enough time to fix the roof while the sun shines while we are seeing storm clouds on the horizon with these high energy prices. immediately and for the last two months at least it has wiped out our profits, we do not have those deep pockets at the moment. profits, we do not have those deep pockets at the moment. gareth stace, director of uk pockets at the moment. gareth stace, director of uk steel, pockets at the moment. gareth stace, director of uk steel,

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