Great Britain - Latest news GMK Center

Scrap should stay in Britain to help decarbonise the industry

The country seeks to provide a mechanism for resolving these issues in a free trade agreement

In this way, the country will protect local producers from unfair competition from regions with lower carbon costs

It is difficult to imagine the future of the industry without a transition to EAF and more efficient use of raw materials

The restrictions will require evidence that the raw materials used to produce the final product do not come from the Russian Federation

The review will cover 15 categories of steel products

Government Decision Meets Local Trade Enforcement Authority (TRA) Guidelines

The government has canceled anti-dumping duties for some companies whose products are subject to protective duties

The company notes that the service life of one of the blast furnaces is coming to an end in a year

The company has currently signed a letter of intent with Redcar Bulk Terminal

Without strategic support from the government, steel industry will not be able to achieve its decarbonization goals

The withdrawal of these measures could harm British producers, the TRA found