The Sanjeev Gupta metal magnate is this weekend, plots a controversial agreement to save its remaining British steel operations and avoid their collapse in compulsory liquidation – a decision that would put nearly 1,500 jobs in danger. Sky News has learned that Mr. Gupta is in talks on a pre -pack administration connected from the … Read more
British Steel said he will end a consultation on up to 2,700 layoffs after the government took control of the business earlier this month. An emergency invoice to save British steelThe Hauts Fourneaux Scuthorpe became law after the deputies were recalled in the House of Commons for an urgent debate on April 12. This meant … Read more
A year ago, Cassius Walker-Hunt worked at the Port Talbot steel plant. Now he heads his own coffee in the city center, having been dismissed when Tata Steel announced the closure of the high stoves of the factory. The 28 -year -old told Sky News that the situation faced was “completely singing”. “They called it … Read more
The plans for a new electric arc oven in Port Talbot were approved by the local planning authority. Tata Steel’s application was presented Tuesday morning at a meeting of the Neath Port Talbot council planning committee. Business closed its two stoves Last year and said they would be replaced by an electric arc oven, as … Read more
Donald Trump signed two proclamations imposing 25% prices on all imports of steel and aluminum in the United States. A proclamation is a form of presidential directive for government representatives, but they do not carry the force of law, as would decree. However, the White House said the prices will take effect from March 4. … Read more
Few materials count as much as steel and aluminum. Steel, an iron and carbon alloy, is the main metal ingredient of the structures in which we live and the bridges that we build. If it is not in steel, it is made with steel. Aluminum, however, is a wonderful material that we use with Wild … Read more
President Trump said on Sunday that he will announce 25% Prices On all steel and aluminum imports in the United States on Monday. Mr. Trump, speaking on Air Force One on the way to New Orleans to attend the 2025 Super Bowlsaid he would also announce “reciprocal prices” on Tuesday or Wednesday, which, he said, … Read more
A powerful government panel failed Monday to reach consensus on the possible national security risks of a proposed nearly $15 billion deal by Japan’s Nippon Steel to buy U.S. Steel, leaving the decision to President Joe Biden, a long-time opponent of the agreement. The Committee on Foreign Investment in the United States, known as CFIUS, … Read more