steel industry

China Agrees to Buy Rare Earths That U.S. Doesn’t Have to Give

China Agrees to Buy Rare Earths That U.S. Doesn’t Have to Give

The phase one trade deal that lists the items China agreed to buy more from the U.S. includes rare earths that are already in short supply in the North American nation.
British Steel job cuts likely if Jingye takes over, say unions

British Steel job cuts likely if Jingye takes over, say unions

Unions fear for 4,000 staff if Chinese company buys loss-making steelmakerGovernment plans to sell British Steel to the Chinese firm Jingye would probably lead to job losses, according to trade union
A buyer for British Steel is welcome but what’s Jingye’s strategy? | Nils Pratley

A buyer for British Steel is welcome but what’s Jingye’s strategy? | Nils Pratley

It’s hard to see why the Chinese firm wants to take over a loss-making business in a tough marketHalf the woes for steelmakers in Britain derive from dumping into world markets by Chinese producers,

Trump’s Steel Tariffs: a 2020 Political Plus or Millstone?

Will voters give Trump credit for taking on foreign steel mills, however ineffectual?
Worker dies after being injured at Tata Steel plant in Port Talbot

Worker dies after being injured at Tata Steel plant in Port Talbot

Police and Health and Safety Executive launch investigation into man’s death in south WalesPolice and health and safety experts are investigating after a worker died in an incident involving machinery
Spend, spend, spend: spirit of Viv Nicholson lives on among shoppers | Larry Elliott

Spend, spend, spend: spirit of Viv Nicholson lives on among shoppers | Larry Elliott

Consumers are not fretting about Brexit but you can understand why retailers are uneasy over 31 OctoberThose with long enough memories may recall that Viv Nicholson won what was then a small fortune
UK government agrees £300m rescue package for British Steel

UK government agrees £300m rescue package for British Steel

New funds thought to be enough to secure a sale to widening list of interested private biddersThe government has moved to rescue British Steel with a financial support package worth as much as £300m
Making coal pricier is a cheaper way to cut Indian emissions than pushing renewables
Supreme Court Refuses to Hear Challenge to Trump's Steel Tariffs

Supreme Court Refuses to Hear Challenge to Trump's Steel Tariffs

The U.S. Supreme Court refused to question President Donald Trump’s imposition of more than $4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the
Redcar: how the end of steel left a tragic legacy in a proud town

Redcar: how the end of steel left a tragic legacy in a proud town

Employment figures look good on paper – but most ex-steelworkers have taken big wage cuts, and home repossessions are rifeIt was deja vu for Brian Dennis last week when British Steel went into
Want to save the UK steel industry? Brexit isn’t the answer | Gareth Stace

Want to save the UK steel industry? Brexit isn’t the answer | Gareth Stace

Leaving the EU has the potential to cause a great deal of damage to exports, weakening an already troubled sector • Gareth Stace is director general of the trade association UK SteelThe difficulties
Mix private equity, Brexit mania, state incompetence and what do you get? Scunthorpe | Will Hutton

Mix private equity, Brexit mania, state incompetence and what do you get? Scunthorpe | Will Hutton

British Steel’s collapse reveals the common fate of industries left to fall into the hands of private equityAcross the Midlands and north of England – and in pockets of the south – there are once
Could the government step in to save stricken British Steel?

Could the government step in to save stricken British Steel?

The loss of strategic industrial capacity – and well-paid jobs – suggests every avenue ought to be exploredTo see the Scunthorpe steelworks in action is to witness British manufacturing prowess at its
The British Steel scandal is a corporate disaster entirely made in the UK | Prem Sikka

The British Steel scandal is a corporate disaster entirely made in the UK | Prem Sikka

The government must stop appeasing the financial industry and start scrutinising corporations and their shareholdersThe collapse of British Steel Limited, with the potential loss of at least 5,000
British Steel’s Scunthorpe works could be saved by a new ownership model | Letters

British Steel’s Scunthorpe works could be saved by a new ownership model | Letters

Readers respond to the collapse of British Steel, which has put 5,000 jobs directly at risk and endangered thousands more in the supply chainYour editorial (23 May) is surely right to say that
Pound hits lowest level since early January as Brexit crisis rages - as it happened

Pound hits lowest level since early January as Brexit crisis rages - as it happened

Sterling weakens amid reports of cabinet ministers turning on Theresa MayLatest: Pound slides to $1.263 as pressure builds on PMBrexit-sensitive stocks rockedPound down against euro for 13th day
British Steel 'plans at present' to pay workers as normal in May

British Steel 'plans at present' to pay workers as normal in May

CEO Gerald Reichmann urges workforce not to be ‘distracted’ by talks over firm’s futureBritish Steel has told its 4,500 employees that “at present” it plans to pay them at the end of the month, as
Inquiries launched into explosion at Tata steelworks in Wales

Inquiries launched into explosion at Tata steelworks in Wales

Two men injured in blast at Port Talbot plant where three men were killed in 2001Investigations are under way after a huge explosion at the UK’s largest steelworks left two night-shift workers with
Swedish technology could make geothermal as mainstream as wind and solar

Swedish technology could make geothermal as mainstream as wind and solar

Geothermal power is flexible, like natural-gas power, providing energy whenever needed. And it’s green, like wind and solar power, producing almost no emissions.