British Steel: thousands of jobs at risk after £500m subsidy rejected March 27, 2025 Thousands of jobs have been put at risk after British Steel announced plans to significantly reduce operations at its Scunthorpe steelworks. Up to 2,700 employees are expected to be impacted by the move which would see the closure of two blast furnaces and steelmaking operations as well as a reduction of steel rolling mill capacity [...]
Jonathan Reynolds in Washington for first in-person trade talks March 18, 2025 Jonathan Reynolds is in Washington DC for the first in-person trade talks under President Donald Trump’s administration. The business and trade secretary is in the US capital today for talks which officials said were aimed at strengthening UK-US ties and to discuss a wider economic deal. Reynolds will meet US commerce secretary Howard Lutnick and [...]
Steel tariffs: US trade policy under Trump ‘challenging’, Reynolds admits March 13, 2025 The US tariff policy under President Donald Trump is proving “challenging” for Britain, the business and trade secretary has admitted. Jonathan Reynolds is in discussions with his US counterparts over Trump’s new 25 per cent tariff regime on steel and aluminium imports – but has not secured an exemption for the UK. It comes after [...]
Tariffs: Starmer ‘disappointed’ by Trump move and ‘all options on table’ March 12, 2025 The Prime Minister has said he is “disappointed” by US President Donald Trump’s move to bring in 25 per cent tariffs on steel and aluminium imports, including from the UK. Sir Keir Starmer has indicated the UK would keep open the option of retaliatory measures, emphasising that “we will keep all options on the table”. [...]
Trump’s steel tariffs would damage UK and US, says Business Secretary February 16, 2025 The Government has promised a package of up to £2.5bn to boost the UK steel industry and help secure its future.
Government announces multibillion-pound plans to boost UK steel industry February 16, 2025 The government has announced multibillion-pound plans to boost the UK steel industry and help secure its future. A consultation was launched aimed at looking at long-term issues facing the sector such as high electricity costs, unfair trading practices, and scrap metal recycling. In the face of US President Donald Trump’s plans for tariffs on products [...]
Steel tariffs: No10 won’t say if Trump wrong to impose import charges February 11, 2025 Downing Street has refused to say whether Donald Trump is wrong to impose 25 per cent tariffs on the UK’s steel exports to America. Trump’s executive order scrapped exemptions for the UK and all other countries, with all steel and aluminium exported to the States to face tariffs from March 12. Speaking from the Oval [...]
Steel tariffs: UK ‘ready for all situations’, No10 says on Trump threats February 10, 2025 The UK is “ready for all situations” and ministers will “engage as appropriate”, No10 has said, in the wake of Donald Trump’s threat to impose tariffs on steel and aluminium imports into the US It follows a government minister saying Britain will have to “wait and see” if Donald Trump “gets more specific” about his [...]
Trump tariffs could have ‘devastating blow’ on steel industry February 10, 2025 Speaking from Air Force One last night, Trump said the tariffs would cover "everybody", which will be a major hit to Canada and Mexico, two of the US's largest steel trading partners.
Tata Steel: Plans submitted for new electric arc furnace in Port Talbot November 7, 2024 Tata Steel has submitted a planning application for a new electric arc furnace at its Port Talbot plant. The Indian steel manufacturer wants to build the new state of the art furnace after it closed its blast furnaces in September, cutting 2,000 jobs. Tata says the move would be a “significant step in the company’s [...]