UK Steel Industry News

Liberty agrees deal with ArcelorMittal to acquire further three ...
Fri, 02 Nov 2018 00:00:00 GMT
British-owned Liberty, part of Sanjeev Guptas global GFG Alliance, is set for another major expansion of its steel production capacity in continental Europe following a conditional agreement announced today 2 November to acquire two Belgian cold rolling steel mills and one in Luxembourg from ArcelorMittal.


Bhushan Power & Steel auction: All eyes now on Oct 22 hearing ...
Wed, 17 Oct 2018 00:00:00 GMT
Tata Steel had moved NCLAT in April against the decision to consider Liberty House's bid. Separately, JSW Steel's bid got more than 90 percent of the votes of lenders


CIT Sides With Commerce In S. Korean Steel Duty Challenge
Tue, 11 Sep 2018 18:30:00 GMT
The U.S. International Trade Commission announced in September 2016 it had found that steel imports from Brazil, India, South Korea and the United Kingdom were being sold in the U.S. at less than fair ...


Steelworkers mark 40 years by forging bond with new generation
Thu, 06 Sep 2018 00:00:00 GMT
Eighteen youngsters began their steel industry training this week with a warm welcome from some of the fourteen veterans who started their own steel careers on the same day 40 years ago. The new apprentices reported to Liberty Speciality Steels training centre at Stocksbridge for the start of a three-year learning journey towards becoming qualified technicians in the flagship industry.


Senior Liberty director to take on key industry leadership role
Mon, 03 Sep 2018 00:00:00 GMT
Michael Horan, Managing Director of West Midlands-based Liberty Performance Steels is to take the helm of the nationwide body representing Britains steel service centres.


Liberty begins multi-million-pound Newport rolling mill investment
Thu, 30 Aug 2018 00:00:00 GMT
Liberty Steel Newport has begun a planned 15m investment in new and upgraded equipment as it continues a drive to win bigger UK market share for hot rolled coil, used in industries such as construction, automotive and pipe manufacture.


Suitors put in bids for Bhushan Power assets
Tue, 14 Aug 2018 00:00:00 GMT
Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, news agency PTI reported citing sources. The bids were reportedly submitted to Committee of Creditors (CoC) late Monday night by the three parties. On August 6, the National Company Law Appellate Tribunal (NCLAT) had extended the deadline for submission of revised bids for BPSL by one week on the plea of Tata Steel, a resolution applicant in this.


Scotland leads UK fightback in market for strongest steel
Wed, 08 Aug 2018 00:00:00 GMT
Scottish-made products can win back the import-dominated UK market for the heavy-duty steel used in bridges, buildings and battleships, Holyrood Cabinet Secretary for Finance and the Economy, Derek MacKay was told today (August 8th).


Our cash bid for Bhushan Power is supported by foreign banks: ...
Tue, 24 Jul 2018 00:00:00 GMT
Guptas aggressive bids in the bankruptcy courts gave him his first success last week, as Liberty House was selected as the successful bidder for Odisha-based Adhunik Metaliks.


NCLAT allows lenders to meet and finalise Bhushan Power bid
Fri, 20 Jul 2018 00:00:00 GMT
Vacating its earlier stay, the appellate tribunal has directed the committee of creditors (CoC) of the company to consider the resolution plans submitted by three firms -- Tata Steel, Liberty House and JSW Steel.


Number of news reports: 10