BREAKING NEWS

Steel industry

Showing 30 results for 'Steel industry'

Articles (x) Videos (x)

Special_reports

South Wales steels itself for industrial decline post-Brexit

South Wales, like many traditional European centres of heavy industry, has suffered in the last 30 years as plants have closed and jobs have been lost. In some cases EU development funds have stopped

South Wales, like many traditional European centres of heavy industry, has suffered in the last 30 years as plants have closed and jobs have been lost. In some cases EU development funds have stopped

Business

China's steel makers deny hacking theft of US data

US regulators have launched an investigation into complaints about Chinese steel manufacturers that include research data being stolen through computer hacking.

US regulators have launched an investigation into complaints about Chinese steel manufacturers that include research data being stolen through computer hacking.

Business

Tata Steel UK bid deadline passes

Monday was deadline day for potential buyers for Tata Steel UK including the Port Talbot works in south Wales.

Monday was deadline day for potential buyers for Tata Steel UK including the Port Talbot works in south Wales.

Europe

The Brief from Brussels: MEPs threaten to block Turkey deal

This is The Brief from Brussels: a daily programme that brings you all the news and views which are making headlines in Europe’s de facto political…

This is The Brief from Brussels: a daily programme that brings you all the news and views which are making headlines in Europe’s de facto political…

Business

ThyssenKrupp cuts profit forecasts amid steel glut

The fall in materials prices - particularly steel - has forced German industrial group Thyssenkrupp to cut its profit forecasts.

The fall in materials prices - particularly steel - has forced German industrial group Thyssenkrupp to cut its profit forecasts.

Europe

German workers protest over China steel 'dumping'

German steel workers have protested outside the European Parliament over alleged dumping by China. They oppose China being declared a market economy

German steel workers have protested outside the European Parliament over alleged dumping by China. They oppose China being declared a market economy

Business

Liberty house bids for Tata Steel UK

The British metals group Liberty House says it's submitting a bid for the UK assets of Tata Steel, sparking new hope for Britain's endangered steel industry.

The British metals group Liberty House says it's submitting a bid for the UK assets of Tata Steel, sparking new hope for Britain's endangered steel industry.

Business

UK government could take stake in Tata steel as part of rescue plan

The British government has said it could take a stake of up to 25 percent in Tata's UK steel plants as part of a financial package to support a potential buyer.

The British government has said it could take a stake of up to 25 percent in Tata's UK steel plants as part of a financial package to support a potential buyer.

Business

Tata Steel management buyout plan in the works

There is the possibility of a management buyout of Tata's British steelworks. The boss of the Port Talbot plant in south Wales - Stuart Wilkie - is behind the plan.

There is the possibility of a management buyout of Tata's British steelworks. The boss of the Port Talbot plant in south Wales - Stuart Wilkie - is behind the plan.

Business

Thousands of jobs saved after Tata Steel sell off

More than 4,000 steel jobs look to have been saved after Tata Steel sold its Long Products Europe arm to Greybull Capital for a nominal 1€.

More than 4,000 steel jobs look to have been saved after Tata Steel sold its Long Products Europe arm to Greybull Capital for a nominal 1€.

Business

Cameron says "no guarantees of success" in steel crisis

The British government is doing everything it can to solve the crisis posed by Tata Steel's plans to leave the UK, but nationalisation is not the right answer, says the Prime Minister.

The British government is doing everything it can to solve the crisis posed by Tata Steel's plans to leave the UK, but nationalisation is not the right answer, says the Prime Minister.

Business

Tata Steel wants to sell UK business, finding a buyer will be a problem

India's Tata Steel has decided to sell its steel making operations in Britain, but will likely struggle to find a buyer amid falling prices and huge overcapacity in China.

India's Tata Steel has decided to sell its steel making operations in Britain, but will likely struggle to find a buyer amid falling prices and huge overcapacity in China.

Business

Millions more Chinese 'zombie company' workers face the sack

China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership.

China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership.

Europe

Thousands of steel workers descend upon Brussels to defend Europe's struggling steel industry

Steel workers from all over Europe protested in Brussels Monday to stop the EU from granting market-economy status to China. Protesters fear the move would make it harder for European companies protec

Steel workers from all over Europe protested in Brussels Monday to stop the EU from granting market-economy status to China. Protesters fear the move would make it harder for European companies protec

Business

ArcelorMittal share issue to counter falling profits from cheap Chinese steel

ArcelorMittal is to issue 2.7 billion euros of new shares to reduce debt and cut costs with its profits hit by a plunge in steel prices, which the world's largest steelmaker blamed on cheap exports fr

ArcelorMittal is to issue 2.7 billion euros of new shares to reduce debt and cut costs with its profits hit by a plunge in steel prices, which the world's largest steelmaker blamed on cheap exports fr

Business

Tata Steel confirms UK job losses, blaming Chinese imports

It reads like a list from British manufacturing’s dark days in the 1980s when job losses constantly filled news bulletins. The Indian group Tata

It reads like a list from British manufacturing’s dark days in the 1980s when job losses constantly filled news bulletins. The Indian group Tata

Business

EU slaps tariffs on Chinese, Taiwanese steel imports

From Thursday the EU begins imposing import duties on Chinese and Taiwanese cold-rolled flat stainless steel. Since a complaint filed by European

From Thursday the EU begins imposing import duties on Chinese and Taiwanese cold-rolled flat stainless steel. Since a complaint filed by European

Business

Oversupply pushes iron ore prices lower

Oil isn’t the only commodity suffering a price slump. Iron ore has also dropped and for the same reason – oversupply in a weak global

Oil isn’t the only commodity suffering a price slump. Iron ore has also dropped and for the same reason – oversupply in a weak global

News

Italian steel workers block motorway in protest at job cuts

Employees at Italy’s largest stainless steel plant blocked the motorway between Milan and Naples for several hours on Thursday. The A1 is the most

Employees at Italy’s largest stainless steel plant blocked the motorway between Milan and Naples for several hours on Thursday. The A1 is the most

News

French president makes fresh promises to Florange steel workers

Many steel workers are angry about French President Francois Hollande’s broken 2012 promise that two steel furnaces in Florange would never close

Many steel workers are angry about French President Francois Hollande’s broken 2012 promise that two steel furnaces in Florange would never close

News

EU warns Italy over Ilva steel plant emissions

Italy has been warned it must tackle toxic emissions at Europe’s biggest steel plant or face potential fines from the European Commission. Brussels

Italy has been warned it must tackle toxic emissions at Europe’s biggest steel plant or face potential fines from the European Commission. Brussels

Business

EU complains to WTO over Chinese stainless steel duty

The tariff tiff between Brussels and Beijing ratcheted up on Thursday. The European Union lodged a complaint at the World Trade Organisation

The tariff tiff between Brussels and Beijing ratcheted up on Thursday. The European Union lodged a complaint at the World Trade Organisation

Business

After solar panels and wine, now its steel tubes

Steel is the latest issue in a rapidly escalating trade conflict between the European Union and China. Brussels is reportedly going to protest to

Steel is the latest issue in a rapidly escalating trade conflict between the European Union and China. Brussels is reportedly going to protest to

Business

ArcelorMittal confident for 2013 earnings

The world’s number one steelmaker ArcelorMittal has brushed aside its own profits warning and maintained its earnings forecast for this year on

The world’s number one steelmaker ArcelorMittal has brushed aside its own profits warning and maintained its earnings forecast for this year on