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Great Britain - Latest news GMK Center

Photo – The UK is considering options for responding to European steel tariffs
The UK is considering options for responding to European steel tariffs

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

Photo – UK seeks sustainable alliance with EU to counter China – Politico
UK seeks sustainable alliance with EU to counter China – Politico

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

Photo – New tariffs and CBAM will push up steel prices in the EU and the UK – forecast
New tariffs and CBAM will push up steel prices in the EU and the UK – forecast

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

Photo – Defensive play: how the steel market is reacting to the EC’s proposal
Defensive play: how the steel market is reacting to the EC’s proposal

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

Photo – EU quota cuts pose a greater threat to British steel industry than US tariffs
EU quota cuts pose a greater threat to British steel industry than US tariffs

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

Photo – The UK may conclude an agreement with the EU on exemption from CBAM – The Guardian
The UK may conclude an agreement with the EU on exemption from CBAM – The Guardian

The parties are currently considering a temporary agreement as a possibility

Photo – The UK has signed contracts for two carbon capture and storage projects
The UK has signed contracts for two carbon capture and storage projects

These are two commercial initiatives that will become part of the HyNet cluster

Photo – The UK government’s expenditure on supporting British Steel is approaching £200 million
The UK government’s expenditure on supporting British Steel is approaching £200 million

The funds are being used to cover raw materials, salaries, and the company's debts

Photo – The UK has postponed talks with the US on steel tariffs
The UK has postponed talks with the US on steel tariffs

Instead, the government is seeking to agree on a permanent guarantee of 25% tariffs

Photo – British defense strategy emphasizes priority for domestic steel
British defense strategy emphasizes priority for domestic steel

Ministry of Defense will have authority to give priority to UK-based suppliers

Photo – The UK steel industry: how and why decarbonization has failed
The UK steel industry: how and why decarbonization has failed

Ill-conceived public policy has created obstacles to the green transition

Photo – Metinvest’s Spartan UK to manufacture steel sheets for nuclear power plant construction in the UK
Metinvest’s Spartan UK to manufacture steel sheets for nuclear power plant construction in the UK

The company has signed a contract for the supply of 1,600 t of metal products

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