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EU27 UK steel service center flats shipments up 18% in January-August
Thu, 14 Oct 2021 00:00:00 GMT
Shipments of flat steel products from EU27 UK service centers increased 18% year on year in the first eight months of 2021, service center and distributor association EUROMETAL reported Oct. 13 The Luxembourg-based regional steel distributors association said that in August of 2021 compared with August 2020 strip mill products shipments nudged up

Crisis looms in Britain, steel makers warn
Wed, 13 Oct 2021 00:00:00 GMT
The British steel industrys lobby group warned on Monday of an impending crisis due to soaring wholesale energy prices which could force plants into expensive shutdowns, stoke emissions and sow chaos through supply chains. A shortage of natural gas in Europe had sent prices for electricity and gas soaring, triggering sharp rises in the prices paid by people heating their homes or for major heavy industrial plants smelting steel. These extraordinary electricity prices are leading to smaller

Sanjeev Gupta's coal mine expansion wins federal government tick
Thu, 07 Oct 2021 19:00:00 GMT
Sanjeev Gupta's GFG Alliance has won approval from the federal government for an expansion of the Tahmoor coal mine in NSW at a time when coal prices are soaring and it is still trying to finalise a refinancing of the mine and its stablemate, the Whyalla

153 pertes d'emplois chez Liberty Steel: le ministre Willy Borsus ...
Mon, 20 Sep 2021 00:00:00 GMT
La direction du groupe Liberty Steel a annonc, lundi, loccasion dun conseil dentreprise extraordinaire, quelle allait devoir se sparer de 153 travailleurs (sur un peu plus de 700) afin de sauver loutil sidrurgique et dviter la faillite. Ce volume de dsengagements nest cependant pasnon dfinitif, dans la mesure o les ngociations requises par

Credit Suisse and Sanjeev Gupta extend stillstand
Fri, 03 Sep 2021 09:20:00 GMT
A London court decided to hold a first hearing between Sanjeev Gupta and Credit Suisse in March, Bloomberg reported on Friday. This means it will take another six months before Credit Suisse can go after Gupta's business

Czech Liberty Ostrava sees steel product volume rising 47% in ...
Fri, 27 Aug 2021 00:00:00 GMT
Czech steelmaker Liberty Ostrava, part of GFG Alliance, said Aug. 26 it expects to increase 2021 production 47% year on year following a four-year high in steel product volume shipped in the second quarter. The company is in the process of increasing its production toward 2.5 million mt for the year, up from around

Glencore - Press Release
Tue, 17 Aug 2021 05:44:56 GMT
Glencore and Britishvolt sign strategic partnership for long-term ...

UK suspends dumping duties on some imports of China steel wire
Fri, 06 Aug 2021 00:00:00 GMT
The UK has suspended some antidumping duties on some imports of Chinese steel wire, to avoid double taxation, according to the Department for International Trade. Duties have been revoked because the products are also covered by the UKs steel imports safeguarding measures, which were extended July 1 for one to three years, depending on

GFG settles Tata dispute, eyes UK production restart
Fri, 06 Aug 2021 00:00:00 GMT
GFG Alliance has reached an agreement in its legal dispute with Tata Steel, it tellsKallanish. The groups Liberty Steel UK (LSUK) unit is developing a business plan to allow it to resume production, which remains intermittent at the Rotherham plant. Tata Steel launched court proceedings earlier this year against Liberty Speciality Steels, Liberty House

Concerns deepen over fate of Gupta's speciality steel business
Mon, 02 Aug 2021 10:15:00 GMT
Concerns are growing over the future of Indian-born British businessman Sanjeev Gupta's speciality steel business, as customers abandon it and resources are squeezed. The business, which employs about 750 staff at plants in South Yorkshire

Gupta pays USD 25 million to end long-running spat with Rio Tinto
Fri, 30 Jul 2021 22:35:00 GMT
Sanjeev Gupta has paid USD 25 million to Rio Tinto Group to settle a long-running dispute over the final payment for an aluminum smelter he bought from the mining giant in

Hambro Leaves Sanjeev Gupta's GFG After Clash on Aluminum Deal
Mon, 26 Jul 2021 21:15:00 GMT
Jay Hambro, chief investment officer at Sanjeev Gupta's GFG Alliance, is leaving the group after falling out with his boss over the sale of its aluminum assets, according to people familiar with the

Number of UK steel industry news reports: 12
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United Kingdom steel industry headlines and news reports.