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British Steel in crisis as Tata abandons operations



With Tata abandoning its UK operations, the future for British steelmaking is bleak. Tata Steel UK has operations in Port Talbot, Trostre, Shotton, Llanwern and Newport in Wales and Rotherham and Corby in England. Business Secretary Sajid Javid has said: "There are buyers out there", but no realistic candidate has put themselves forward. It is hardly surprising. Tata invested £3bn into its UK operations and is still losing £1m a day as steel prices continue to fall. http://www.bbc.com/news/business-35933901




Tata Steel took over the Corus Group in 2007 under a Saturn-Neptune opposition. As the same planets now square each other, Tata Steel is abandoning its UK operations. The following extract about the Saturn-Neptune cycle from Nick Fiorenza explains what has happened:

The Saturn-Neptune Square
Our opportunity as we enter and move into the last quarter of this cycle is to first recognize that the structures we have created in our lives and the limits those structures impose are the solidification of ideologies we began to formulate starting in 1989. It impels us to begin to consciously make changes in our lives based upon realizations we have had about what did and did not work in practicality throughout the previous manifestation quarter of the cycle; i.e., from 2007 until now. The summation of these realizations may now emerge throughout this geocentric square (2015-16) as impulses arising from within self that tell us, we need to change.

The transitional period into the last quarter of this cycle (November 2015 through September 2016) may arouse any grief, sorrow, regrets and disillusionment about unfulfilled ideals, impelling a need to relinquish any antiquated or illusory beliefs, as well as any emotional charge we hold that sustains them. It impels us to shed that which we now come to realize were mere ghosts of illusion, like discarding a costume and role we were playing in a stage production, now to reveal, mostly to ourselves, the raw truth and wisdom gained from our experience. This Saturn-Neptune transition yields sobering realism. http://www.lunarplanner.com/Saturn-Neptune-Square/index.html


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