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London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.
President Donald Trump's plan to cut a program that invests in some of the biggest manufacturing industries in the United States could have a major impact in the hometown of his vice president. Last ...
JFE Steel, Japan's No. 2 steelmaker and a unit of JFE Holdings , said on Thursday it will invest 329.4 billion yen ($2.26 billion) to build a large, advanced electric arc furnace (EAF) at its ...
Iron and its alloys, such as steel and cast iron, dominate the modern world, and there’s growing demand for iron-derived ...
Ironmaking could be on the edge of a major upgrade. Scientists have developed a cleaner, electrochemical method to extract ...
The Trump administration’s planned cuts have hit close to home for Vice President JD Vance. A $500 million grant for steel ...
The Trump administration’s tariff-related policies have resulted in significant turbulence in U.S. equity markets, slowing down the domestic economy apart from giving rise to recession fears. The ...
British Steel plans to shut down the two remaining blast furnaces at its last plant in Britain by June. 2,700 workers will be thrown out on the street, and Britain will officially become the only G7 ...
The blast furnace closures signal the end of steel production in the UK after more than 150 years - Christopher Furlong/Getty Images ...
The British steel company British Steel Corp. I intend to negotiate with trade unions and consultants regarding plans to close two blast furnaces and steel mills, as well as to reduce the capacity of ...
The closure of two blast furnaces in Scunthorpe could lead to the loss of 2,700 jobs out of a 3,500-strong workforce A union has called for the government to nationalise British Steel if a deal ...
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US President Donald Trump's tariffs on the sector were partly to blame for a ...