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UK extends Ukraine HR flats tariff exemption
Thu, 01 Jun 2023 00:00:00 GMT
The UK government has decided to extend the suspension of trade remedy measures on hot rolled flat and coil steel imports from Ukraine, according to the UK Trade Remedies Authority (TRA). The suspension of anti-dumping measures on certain Ukraine-origin hot-rolled flat products is now valid for a further 12 months until 30 May 2024,Kallanishnotes.

Liberty Steel unit awarded two North Sea pipe contracts by Subsea7
Wed, 24 May 2023 00:00:00 GMT
Liberty Pipes Hartlepool, a subsidiary of UK-based Liberty Steel Group, has been awarded two contracts by engineering company Subsea7 to provide pipes for the Yggdrasil and Valhall PWP-Fenris offshore field projects in the North Sea. The steelmaker will supply 16.6 km of longitudinally submerged arc welded (LSAW) pipe for the contracts, with work set

UK energy policy needs accelerating: UK Steel
Mon, 15 May 2023 00:00:00 GMT
Trade associationUK Steel has reiterated that measures to boost competitiveness need accelerating as high energy prices and weakdemand are takingan enormoustollon the steel industry. UK steel production in 2022 was 6 million tonnes, down 17% on-year to the lowest level since the Great Depression. Steel trade activity reduced both in the UK and globally

UK's TRA finds increased developing country threshold overstepping
Tue, 18 Apr 2023 00:00:00 GMT
The Trade Remedies Authority (TRA) has published its initial conclusions in a Tariff Rate Quota (TRQ) review on steel imports from developing countries in categories which are subject to the UK steel safeguard measure, Kallanish notes. The authority found the 3% import share threshold for the developing country exception was exceeded in 37 instances

UK govt offers to sweeten package for Tata Steel UK
Thu, 06 Apr 2023 00:00:00 GMT
Tata Steel has been requesting fiscal aid from the UK government and has conveyed its stance to the UK that it cannot move forward with its British growth plan based on the government's previous offer. The steelmaker is seeking half of the capital costs pegged at 1-2 billion from the UK government as it doesn't see the business justifying such a large

Barrett Steel acquires Aartee Bright Bar
Tue, 28 Mar 2023 00:00:00 GMT
Aartee Bright Bar (ABB) administrators Alvarez & Marsal Europe have sold the insolvent UK engineering steel distributor to Barrett Steel Limited for 13 million ($16m). The acquisition encompasses Aartee Bright Bar Limiteds distribution business, located in Rugby, Bolton, Newport and Southampton, and its Bright Bar business operating out of Willenhall, as well as Aartee

Union criticises UK budget lack of steel support
Wed, 22 Mar 2023 00:00:00 GMT
The Unite Union has expressed its disappointment over the recent UK budget announcement not containing more support for the steel industry, calling on Prime Minister Rishi Sunak to ensure the sectors competitiveness. This comes as reports circulated of Tata Steel UK potentially closing a blast furnace at Port Talbot in July. Last July, Tata

Dunaferr restarts hot strip mill
Tue, 21 Mar 2023 00:00:00 GMT
Dunaferr has restarted its hot strip mill after a three-month stoppage, a spokesperson for Liberty Steel, which is managing the insolvent Hungarian steelworks, tells Kallanish. This follows the restart of its blast furnace no.2 and cold rolling mill last month, as well as the stabilisation of its coke batteries. The move means customers can

EU-UK deal agrees steel quota solution
Tue, 28 Feb 2023 00:00:00 GMT
The EU Commission and UK government have agreed a solution for the movement of the most sensitive categories of steel from Great Britain to Northern Ireland that are subject to tariff rate quotas (TRQs). This comes as part of the changes agreed to the Northern Ireland Protocol on Monday, Kallanish notes. Northern Ireland companies

British Steel to cut jobs amid fears for industry
Thu, 23 Feb 2023 00:00:00 GMT
British Steel is expected to announce on Wednesday the closure of its coking ovens in Scunthorpe with the loss of 300 jobs. The timescale for the closure is unclear, as is how many compulsory redundancies it will involve. Coking ovens are used to turn coal into coke which burns at the higher temperature needed for the two blast furnaces that remain in operation. The closure means British Steel will import coke. The closure of the coking ovens is seen as a worrying indicator about the health

British Steel proposes closing Scunthorpe coke ovens to cut costs ...
Thu, 23 Feb 2023 00:00:00 GMT
UK integrated steelmaker British Steel said Feb. 22 it is proposing to close its coke ovens to cut costs and carbon emissions, in a move that could trim up to 260 jobs at the long products and rails producer. Further streamlining and cost-cutting measures may also be taken, it said. The coke ovens at

Romanian steelmaker Liberty Galati to restart its only blast ...
Wed, 22 Feb 2023 00:00:00 GMT
Liberty Galati, the largest integrated steel producer in Romania, will resume pig iron and steel making operations in full after restarting its only blast furnace in March, parent company Liberty Steel said Feb. 21. Flat-rolled steel producer Liberty Galati will restart blast furnace No. 5 in mid-March 2023 on signs of market recovery in

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