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Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend, the cause was not a war or terror attack – but the ...
British Steel is turning to the United States to save U.K. steel production after the government passed an emergency law to seize control of the company. Officials accused its Chinese-owned ...
Strong supply chains are vital in this complex manufacturing process – and British Steel faced a perfect storm of problems.
The U.K. government says that it has bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating ...
Government officials were in a race on Monday to secure the critical supply of materials needed to keep British Steel’s two ...
In this article, we will look at where United States Steel Corporation (NYSE:X) stands against other best metal stocks to buy. When investing in the best metal stocks, the stakes are high ...
British Steel has blamed outages at its blast furnaces and higher energy costs for financial losses, days after announcing plans to end steelmaking at its Scunthorpe plant. The company said ...
while this is British Steel’s decision, we will continue working tirelessly to reach an agreement with the company’s owners to secure its future and protect taxpayers’ money. “We’ve been ...
Sky Layoffs: The British-based Sky broadcasting group announced on March 27, that 2,000 jobs in the UK, or seven per cent of its workforce, could be at risk as the company shakes up its customer ...
The company lists capital projects involving a steel mast service center, a rail stocking facility and a new billet caster as examples of its willingness to invest. Sky News reports that Jingye ...
Business and Trade Secretary Jonathan Reynolds said he understood it was a "deeply worrying time for staff" and he would work tirelessly to reach an agreement with the company. British Steel chief ...
Tariff-hit British Steel confirms plan to shut blast furnaces The company said in a statement that "the blast furnaces and steelmaking operations are no longer financially sustainable due to ...