What ironmakers have to say about the new UK iron law
From making swords to designing cars, metalworking has a history that dates back to the 17th century.
Now, a new law in the UK that requires all metalwork manufacturers to register their operations in the country has made it even harder for the UK’s ironmakers to operate.
“There are some concerns about the impact of this law, and how it will affect us,” said Rishi Goyal, head of R&D at BAE Systems.
“But it’s not as bad as the metal industry in the US, where the regulation has been pretty much uniform, so we’re very confident that the industry will adapt.”BAE Systems employs around 10,000 people across the UK, which means it needs a significant investment to build a new facility.
But the company says it has not been hit by any major cost pressures, and that it is confident that it can keep producing and exporting its products in the future.
“We’ve been in business since the 1920s, so the UK laws are pretty old, so it’s pretty old,” Mr Goyal said.
“The new regulations, we believe, are going to be an important milestone, and we’re hopeful we’ll be able to continue with our business.”
The UK’s new laws, which were passed on the same day as the US president Donald Trump’s inauguration, will come into effect from 1 January.
The new regulations require metalworking firms to register with the UK government and also require them to register as a metalworks.
They will also have to ensure that their products are not made from any metal other than pure iron.BAE has applied for permission to build two new facilities at its site in Bridgwater, south-west England, and it hopes to start operations there in 2019.
It hopes that it will have a metalwork facility in Bridgerstone in 2021.
“The new law will mean that we will have two facilities at Bridgerston in the same year,” Mr Boyal said, “and we’re expecting that that will give us an opportunity to scale up to four facilities in the area by 2020.”