The main and pretty much only remaining steel player Thyssen-Kruss is about to lay down 6.000 jobs in its HQ.
The Steel Industry is actiually the Iron Ore Processing Industry and needs Iron Ore, an Energy Source and good Transport Ways. The Rhine area had it all, iron ore and coal mines and Europes main river north of the Wasserkuppe that decides, if a rain drop will end south or north of Europe in salt water.
Coal as an energy source turned only into a manifested unquestionend base of heavy energy consumption industries, because the House Hanover was successful in destroying textile competition and The Travellers of the City of London did not hit hard enough during two world wars in which surviving became more important than smart economic changes, which actually made the industrial revolution possible to begin with by turning the steam machine into an efficient modern steam machine.
Coal is a bad energy source. It stinks, especially since steam machines, and that is a coal run electric plant in the end of the day, also can be fueld with other renewable solid fuels. Diesel and Otto engines well can consume the same, while both coal and oil are suitable for other important tasks siuch as high tech fibres like nylon with no synthetic alternative around.
There was due to the wars and the Nazis keeping our factories and companies no development and no change in especially the steel industry on all levels from cast iron to aluminium production since the 1920ies about. They will tell you something else, obviously....like nuclear fusion being close and Musk's Brain Link soon happening connecting your brain to even a all intutive Microsoft Computer, something I do want to watch in a live stream with an Apple freak crowed in the arena. I mean, what can go wrong after a door and a rocket....
Show me, please.
