Steel industry news

Financial advisors told not to advise steelworkers

Published: December 05, 2017 by Matthew Moggridge

The UK Financial Conduct Authority has ordered West Midlands-based Active Wealth to cease giving any further advice to British Steel workers at the company’s Port Talbot and Scunthorpe works.

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JSW exceeds coal handling limits

Published: December 05, 2017 by Matthew Moggridge

Indian steelmaker JSW stands accused of exceeding the quantity of coal it was permitted to handle at Goa’s Mormagao Port. The company has until 6 December to respond to a show-cause notice issued by the Goa State Pollution Control Board (GSPCB).

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Endless rolling tech for Italian EAF minimill

Published: December 05, 2017 by Matthew Moggridge

Italian steelmaker Ferriera Valsabbia SpA has contracted Primetals Technologies to supply ERT-EBROS endless rolling technology to the company’s bar rolling mill in Odolo, Brescia province. The new equipment will boost output and utilisation levels, claims Primetals.

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Union gives TK deadline of 22 December

Published: December 05, 2017 by Matthew Moggridge

A report by Reuters claims that the IG Metall union has given German steelmaker ThyssenKrupp until 22 December to agree to job, plant and investment guarantees and put an end to ‘this process of playing for time’, according to Detlef Wetzel, labour representative. 

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