The British government is considering deploying the Royal Navy to escort vital fuel shipments to Scunthorpe’s blast furnaces following Parliament’s historic vote to seize control of British Steel, ensuring its
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British Steel has announced the potential closure of its two blast furnaces at the Scunthorpe site, a move that could result in the loss of up to 2700 jobs. The
Troubled British steel tycoon Sanjeev Gupta is at the centre of a legal dispute with administrators for control of InfraBuild, an Australian steel company valued at A$6 billion (£3 billion).
The British government has expedited its £2.5 billion investment strategy for the domestic steel industry following Donald Trump’s declaration of 25% tariffs on steel and aluminium imports to the United
The United States is set to impose 25 percent tariffs on all steel and aluminium imports, marking a significant intensification of President Trump’s protectionist trade policies. The announcement, made aboard
The commodities supercycle that transformed China into the world’s largest steel producer has reached its conclusion, marking a pivotal shift in global resource markets. Chinese steel production descended to a
US steel giants Cleveland-Cliffs and Nucor are poised to make a joint bid for US Steel, mere weeks after President Joe Biden vetoed Nippon Steel’s proposed £15bn acquisition on national
British Steel is set to abandon its plans for steelmaking on Teesside, dealing a significant economic blow to northeast England. The Chinese-owned manufacturer had initially proposed constructing a ‘green steel’
In a significant move that could strain US-Japan relations, President Joe Biden is poised to block Nippon Steel’s £15 billion acquisition of US Steel. The announcement, expected as early as
The British steel sector has issued a compelling call for governmental commitment to domestic procurement amid ambitious offshore wind expansion plans. Recent data reveals a stark reality: a mere 2%
The global steel industry faces a significant shake-up as Donald Trump declared his intention to prevent Japan’s Nippon Steel’s £14.9 billion acquisition of US Steel, raising concerns about potential trade
The Labour government is nearing a £600 million bailout agreement for British Steel, signaling a fresh commitment to resolving the long-standing impasse in negotiations with the company’s Chinese owner, Jingye.
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