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Great Britain - Latest news GMK Center

Photo – Ukrainian Railways is considering sourcing rails from British Steel
Ukrainian Railways is considering sourcing rails from British Steel

The railway operator requires approximately 60,000 tons of such products each year

Photo – China warned London against nationalizing British Steel
China warned London against nationalizing British Steel

The United Kingdom plans to fully nationalize British Steel, which is formally owned by the Chinese company Jingye

Photo – Europe needs an open steel market with the UK – Unesid
Europe needs an open steel market with the UK – Unesid

The association expressed concern over the United Kingdom's introduction of protective measures effective July 1

Photo – The nationalization of British Steel could cost the British government billions of pounds
The nationalization of British Steel could cost the British government billions of pounds

£419 million in taxpayer funds has already been spent to support the business

Photo – The British government plans to nationalize British Steel
The British government plans to nationalize British Steel

The company's current operations are already costing the government £1.3 million a day

Photo – Marcegaglia Stainless is investing in production capacity in Northern Europe
Marcegaglia Stainless is investing in production capacity in Northern Europe

The company is investing in its operations in Sweden and the United Kingdom

Photo – The British steel industry still relies on imports – UK Steel
The British steel industry still relies on imports – UK Steel

The level of domestic demand met by domestic production in the UK is insufficient to attract investment

Photo – Sev.en proposes merging British Steel and SSUK into a single producer
Sev.en proposes merging British Steel and SSUK into a single producer

An investor is ready to invest hundreds of millions of pounds and create the largest steel company in Britain

Photo – The United Kingdom will extend anti-dumping duties on welded pipes from Belarus and China
The United Kingdom will extend anti-dumping duties on welded pipes from Belarus and China

The anti-dumping measure on welded pipes was the first to be transferred from the EU system

Photo – The UK’s TRA is proposing new anti-dumping measures on rolled steel from South Korea
The UK’s TRA is proposing new anti-dumping measures on rolled steel from South Korea

They will apply to imports of hot-rolled steel sheets from that country

Photo – European carbon prices have reached €74–76 per ton since the second half of April
European carbon prices have reached €74–76 per ton since the second half of April

The market moved in the opposite direction to changes in energy prices

Photo – The United Kingdom is entering into exclusive negotiations regarding the sale of Liberty’s former assets
The United Kingdom is entering into exclusive negotiations regarding the sale of Liberty’s former assets

Norwegian startup Blastr is considered the leading contender for Speciality Steel UK

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