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PEOPLE & PROFIT

The business show that goes beyond the numbers and the corporate jargon! Stephen Carroll breaks down major business stories and looks at how they affect our lives. Thursday at 4.45 pm.

Latest update : 2016-04-14

Nervous steel: What future for the industry in Europe?

What does the future hold for the steel industry in Europe? European producers have long complained of being undercut by state-subsidised imports from China. Thousands of jobs have been lost in the industry in recent months. In Britain, most of the plants owned by Tata Steel look set to be saved after a deal was done to sell them to investment firm Greybull Capital. But the country's biggest steelworks in Wales isn't part of that agreement.

Also in this programme:

  • Hard talk on hard currency: does the banknote still have a place in a world of contactless payment?
  • Plus, we tell you how one Spanish company is turning marine trash into high-end clothing.

By Stephen CARROLL , Farah BOUCHERAK

Our guests

Jason KAPLAN

Steel analyst at IHS, London

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