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Great Britain - Latest news GMK Center

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

Photo – British government and Jingye Group continue dispute over British Steel – BBC
British government and Jingye Group continue dispute over British Steel – BBC

The parties' estimates of the Scunthorpe plant differ significantly

Photo – The UK resumes duty-free exports of certain steel products to the EU
The UK resumes duty-free exports of certain steel products to the EU

The EC has reinstated the UK's country-specific quota for steel in category 17

Photo – The UK has opened consultations on trade defense measures for steel
The UK has opened consultations on trade defense measures for steel

This step complements further government action to support the industry

Photo – The UK tightens quotas on steel imports from Vietnam, South Korea, and Algeria
The UK tightens quotas on steel imports from Vietnam, South Korea, and Algeria

The government is lowering steel import limits to protect the domestic industry from oversupply

Photo – The UK will reduce electricity costs for industry
The UK will reduce electricity costs for industry

The government has unveiled its industrial strategy – a 10-year plan to increase investment and develop industries of the future

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