Oireachtas Joint and Select Committees

Wednesday, 27 April 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion

Mr. Tom Parlon:

I am not so sure. That tide is pretty powerful and I do not think that either state intervention or EU intervention can hold it back. The steel plant in Mariupol, where the last of the Ukrainians are holed up, is one of the biggest in the world. It is a plant of a colossal scale but it will be a long time before it is supplying steel again. Finding other supply chains now is going to take a lot of time. I am sure there are other steel manufacturers around the world that are ramping up output and so on but it takes a lot of energy to produce steel as well.

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