Steel Times International News
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Bank of England governor to be questioned over BSPS scandal
Bank of England governor Andrew Bailey is set to appear before a group of UK members of parliament to answer questions about his role in the British Steel Pension Scheme scandal, in which thousands of steelworkers were misadvised to transfer out of their defined benefit pension scheme.
16 May 2022 -
'Significant' financial aid needed for green steel production, says report
Delivered hydrogen prices of below €3/kg ($3.10/kg) would be needed for breakeven green steel production in Europe in the current high energy price environment, industry group Hydrogen Europe said in a new report.
13 May 2022 -
SMS and Taylor-Winfield Technologies form global alliance
SMS group and Taylor-Winfield Technologies have joined together in a global strategic alliance for the supply, support and service of SMS’ proprietary X-Roll®heavy gauge coil joining laser welder.
13 May 2022 -
H2 Green Steel contracted for low-carbon steel
Sweden’s H2 Green Steel has pre-sold over 1.5 Mt of steel to be produced by green hydrogen to customers.
11 May 2022 -
ArcelorMittal Liberia fined for 'violation of environmental laws'
The Environmental Protection Agency (EPA) has charged ArcelorMittal Liberia with a fine of $110,000 after being found liable for several breaches of the environmental laws and pollution of a water body in Nimba County, Africa.
10 May 2022 -
US to suspend tariffs on Ukrainian steel
The Biden administration has announced that it will lift tariffs on Ukrainian steel for one year, halting a measure that US president Donald Trump placed in 2018.
10 May 2022
