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steel industry

  • Mark Kleinman: Corporates queue up for 2026 p(l)ay-date

    Business

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Corporates queue up for 2026 p(l)ay-date Talk about being on the naughty step. For Anglo American, sealing its $60bn merger with Canada’s Teck Resources – and in the process putting well and truly paid to BHP’s [...]

    Mark Kleinman is Sky News' City Editor and writes a column for City AM
  • There is a future for British steel – but it isn’t built on nostalgia

    Opinion

    Traditional steel making is one of the dirtiest industries on earth. Transforming it into an industry of the future requires innovation not nostalgia.

    circa 1940: Blast furnaces at a steel mill at Halifax in Yorkshire. (Photo by Val Doone/Getty Images)
  • EU tariffs leave UK steel industry facing ‘biggest threat ever’

    Industrials

    The UK’s ailing steel sector is facing the “biggest crisis in its history”, industry chiefs have warned, after the European Union unveiled plans to double tariffs on all steel imports in a bid to revive its moribund steelmaking capacity. As part of efforts to kickstart a “reindustrialisation of Europe“, EU commissioners signed off a proposal [...]

    The steel industry has been particularly badly hit by rising energy costs
  • Government takes control of UK’s third-largest steelworks after collapse

    August 21, 2025

    The UK government has taken control of the country’s third-largest steelworks as near 1,500 workers face uncertainty. Speciality Steels UK (SSUK), which owns major sites such as Liberty Steel in Rotherham, South Yorkshire, was put into compulsory liquidation after insolvency courts granted a winding-up order sought by creditors. The creditors said they were owned hundreds [...]

  • Trump tariffs: Fresh delay as UK steel exemption hangs in the balance

    July 8, 2025

    Downing Street would not say whether the Government was confident that a deal to eliminate American tariffs on UK steel would be struck as Donald Trump’s deadline looms. White House Press Secretary Karoline Leavitt announced on Monday that US President Donald Trump would be delaying an increase to the baseline 10 per cent tariff rate [...]

  • Firms stumped up extra £29bn for ‘astronomical’ energy costs

    June 19, 2025

    British industry has had to fork out an additional £29bn to fund rising energy costs over the past four years, a fresh analysis has shown, adding further weight to calls for government bring down energy prices for British firms when it publishes its industrial strategy. According to the Energy and Climate Intelligence Unit (ECIU), firms’ [...]

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