Steel industry news

UK Steel and Make UK welcome plan to push ahead with HS2 rail link

Published: February 12, 2020 by Matthew Moggridge

Gareth Stace, UK Steel's Director-General, has welcomed Prime Minister Boris Johnson's recent announcement that he intends to push ahead with the controversial HS2 rail project, which will link the north and south of the United Kingdom and hopefully bring greater prosperity to the north of…

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Volatility defines 2019 steel markets, says EUROFER

Published: January 31, 2020 by Matthew Moggridge

A continued slump in the European Union’s manufacturing sector due to weakened exports and investments, escalating trade wars, growing import distortions and a further deterioration in business has led to a fall in apparent steel consumption of 3.1% in the third quarter of 2019. Apparent…

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Foundation stone laid for new CELSA France rolling mill

Published: January 28, 2020 by Matthew Moggridge

CELSA Group ™, a leading Spanish steel group and the second largest European manufacturer of long steel products, has laid the first stone of the new rolling mill to be developed at the CELSA France facilities, located in the municipalities of Boucau and Tarnos, within the region of New…

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Unions support Jingye/British Steel deal, but don’t endorse job cuts

Published: January 24, 2020 by Matthew Moggridge

A rescue deal for British Steel involving the Chinese company Jingye could mean around 500 job losses if such a deal goes ahead, according to three unions – the GMB, Community and Unite – which make up the Steel Committe. While all three unions claim to support the deal, they have said that…

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