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UK Prime Minister indicates steel import safeguards will be extended
Tue, 28 Jun 2022 00:00:00 GMT
As the market awaits the UKs formal approval of steel import safeguards by the end of June, UK Prime Minster Boris Johnson indicated in his speech at the G7 Summit in Germany that steel tariffs will likely be extended to protect the British steel industry. Johnson told the summit June 26 that the UK

UK considers lifting anti-dumping duties on Ukrainian steel products
Mon, 27 Jun 2022 00:00:00 GMT
Britain is considering lifting anti-dumping duties on some steel products from Ukraine due to Russias invasion of the country, a trade agency said on Friday. Duties may be lifted for a maximum of nine months on hot rolled flat and coiled steel (HRFC), mainly used in mechanical and electrical engineering, construction and auto sectors, the Trade Remedies Authority said in a statement. Following a request from the government of Ukraine we will investigate whether a suspension of measures on

UK government proposes to extend steel quotas and tariffs
Fri, 24 Jun 2022 00:00:00 GMT
Britain proposed on Thursday to extend for a further two years a package of tariffs and quotas on five steel products to protect domestic steelmakers. A year ago, Britain introduced new regulations to protect its steel industry, which employs nearly 34,000 people and generates about $2 billion in turnover each year. Removal of the steel safeguard measure would likely result in an increase in imports and therefore would result in serious injury or the threat of serious injury to UK steel

No purchase of coal from Russia after April 20: Tata Steel
Wed, 22 Jun 2022 00:00:00 GMT
On April 20, Tata Steel had said it would stop doing business with Russia. To ensure business continuity, all its steel manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end its dependence on

BMW Group opens automated steel pressing facility
Mon, 20 Jun 2022 15:25:00 GMT
MW Group has opened a new, automated steel pressing facility at its Swindon, U.K., plant.

Slitter line enables Tata Steel Hartlepool site processing
Wed, 15 Jun 2022 00:00:00 GMT
Tata Steel is investing into a new slitter line at its Hartlepooltube mill to process coils of steel delivered from its Port Talbot steelmaking site. Currently, wide steel slabs are slit in Port Talbot before being rolled and sent to Hartlepool to be turned into steel tubes. The project is expected to take more

Steel deliveries from EU service centers down in Jan-April: Eurometal
Tue, 14 Jun 2022 00:00:00 GMT
Shipments of flat steel products from service centers in the EU27 and the UK in the first four months of 2022 decreased by 0.4% year on year while shipments of long steel products tumbled 10.5%, according data released June 13 by Eurometal, the industry body for European steel distributors. At the end of April,

Tata Steel to invest in new slitting line at Hartlepool tube ...
Thu, 09 Jun 2022 00:00:00 GMT
Tata Steel will invest GBP7 million ($8.79 million) in a new slitting line at its Hartlepool tube mill, the UKs largest steel producer said on June 8. The new slitter will allow the site to process coils of steel delivered from its Port Talbot steelmaking site. At the moment, wide steel slabs are slit

Grain competition complicates Ukrainian steel exports: GMK's ...
Tue, 31 May 2022 00:00:00 GMT
The EU, US, UK and Canadas decision to lift import duties previously imposed on Ukraine may not lead to a significan't increase in Ukrainian steel and raw materials exports, says GMK Center chief Analyst Andrii Tarasenko. Export logistics in Ukraine remain restrictive and the situation is compounded by steelmakers difficulties in importing 4-5 million

Vallourec closures should alarm EU politicians
Wed, 25 May 2022 00:00:00 GMT
The announcement of a number of mill closures at pipemaker group Vallourec should be a wake-up call to policy-makers, a German industry insider finds. Last week, the group announced it will discontinue production at, and eventually close down, facilities in France, Scotland and Germany. The move is especially macabre for the plants in Dsseldorf

Vallourec shuts down plants in France, Germany
Fri, 20 May 2022 00:00:00 GMT
French pipemaker Vallourec is reshaping its European business structure and downsizing its organisation with the ambition to refocus European plants, it says in its first-quarter financial report monitored byKallanish. The group is starting the shutdown process of the heat treatment line of Saint-Saulve in France and of the threading line in Bellshill in Scotland,

Liberty Steel gears up for immediate restart of Liege mills
Fri, 20 May 2022 00:00:00 GMT
Liberty Steel Group said May 19 it has won its appeal against the Lige Enterprise Courts decision to appoint administrators to Libertys Lige plants in Belgium and has pledged an immediate restart of the business. This is an unprecedented result, as never in Belgium court history has a liquidation order for insufficiency of net

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