The British government has announced stringent measures to curb steel imports, implementing a dramatic reduction in growth allowance from 3% to just 0.1% year-on-year. This decisive action, spearheaded by Business
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The UK government is poised to designate British steel production as critical to national security, unveiling plans to secure substantial orders for infrastructure projects including wind farms and rail links.
In a landmark transaction finalised on Wednesday, Nippon Steel successfully acquired US Steel for $14.9 billion, marking a significant shift in the global steel manufacturing landscape. The deal’s completion follows
Germany’s steel titans are forging ahead with ambitious plans to decarbonise their operations, setting a precedent for industrial transformation across Europe. At the heart of this revolution lies Benteler, a
British Steel, the country’s last operational blast furnace, is caught in an escalating standoff between its Chinese owners, Jingye, and the UK government. The disagreement centres on a compensation demand
UK Ministers are working to ensure that Tata Steel, the country’s largest steel producer, benefits from tariff-free access to the United States under a new trade deal negotiated by Prime
Keir Starmer has announced that a trade deal with the United States could come into force within weeks, following assurances from the White House that the UK will be exempt
The United States has officially doubled tariffs on foreign steel and aluminium to 50 per cent, following President Donald Trump’s announcement to bolster the American steel industry. This controversial move,
Donald Trump’s latest decision to double tariffs on imported steel from 25% to 50% has generated significant uncertainty within global markets. The announcement, which will come into effect on Wednesday
Taxpayer funding for the nationalised British steelmaker, Sheffield Forgemasters, has exceeded £400 million, as confirmed by the Ministry of Defence (MoD). This funding, intended to be distributed over a ten-year
The UK government is reportedly exploring new legislation to erase nearly £1bn in debt accumulated by British Steel, a move aimed at making the company more attractive to prospective buyers.
British Steel has announced plans to recruit over 180 new staff as part of efforts to ramp up operations at its two blast furnaces. Less than a month after the
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