Great Britain - Latest news GMK Center

The United Kingdom did not receive an exemption from the mechanism this year

There may be an exception for the UK, provided that the parties' carbon markets are merged

14 locations are proposed for exploration and evaluation

The government hopes to find a private buyer for the company, which technically still belongs to the Chinese group

The country is transitioning to EAF technology, so structural changes are needed in this area

The government also made technical amendments to the relevant legislation

The government is also looking into speeding up the replacement of its own protective measures

London hopes that this will help to obtain exemptions from the new protective measures of the bloc

The British government may introduce similar or coordinated measures with the EU

European steelmakers are generally supportive, while trading partners are asking for consultations

New EU restrictions could cut Britain off from its largest steel market and exacerbate the crisis in the industry

The parties are currently considering a temporary agreement as a possibility