Great Britain

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British Steel supports call to reduce electricity prices in the UK

There remains a significant gap between the cost of electricity for British steelmakers and their European competitors

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Sims Limited is selling its British business for $249 million

Unimetals Group became the buyer, the asset consists of 28 objects

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UK TRA proposes to increase import quota for hot-rolled steel

The proposal includes dividing the quota into two categories

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Britain’s energy industry is keen to link up with the European carbon market

The UK could lose £8 billion in income over the next 5 years if it stays out of the EU carbon market

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UK should take into account exporters’ views on its own CBAM – IISD

The mechanism proposed in the United Kingdom has certain differences from the European one

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UK traders propose to remove hot-rolled coil from safeguard measures – Argus

Tata Steel will not manufacture these products for sale in the country

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South Africa criticises UK plans to introduce CBAM analogue

South Africa notes that this step may contradict WTO rules

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UK Steel calls for competitive electricity prices for industry

The wholesale price of electricity in Britain has recently exceeded its cost in France and Spain

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UK extends safeguard measures on 15 categories of steel

In addition, the suspension of protective measures against Ukraine is maintained until June 2026

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Traders predict a jump in carbon prices in the UK

This is due to expectations that the new government will be tougher on big polluters

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UK TRA recommends extension of safeguard measures for 15 steel categories

The final recommendation was submitted to the Secretary of State for Business and Trade

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