Europe’s ambitious timetable for building its way out of a dependence on Russian energy faces potential delays and billions of dollars in extra costs as the war in Ukraine makes steel, copper and aluminium scarce and more expensive.
Aftermath of COP26 questions future of fossil fuels finance and what’s next for renewable energy investing
The COP26 climate conference in Glasgow should have made uncomfortable viewing for fossil fuel executives.
Total and ArcelorMittal Nippon Steel (AMNS) have signed a deal for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026.
A Moray based steel fabricator has opened a new office across the globe after creating the world’s first mobile malt whisky distillery.
Commodities would be particularly exposed if U.S. President Donald Trump’s decision to impose tariffs on foreign solar panels and washing machines sparks a tit-for-tat trade war with nations around the world.
British Steel ended last year in profit and plans to reinstate the 3% salary sacrifice it agreed with workers when it took over the business last summer.
The Government is being urged to “radically reshape” the energy market to avoid more job losses in the steel industry.
Tata Sons said it has filed a legal notice against a former chairman.
A steelworks which closed a year ago is being reopened, creating new jobs and a welcome boost for the industry.
A leading steelworkers’ union has backed plans for fracking, saying it could boost the steel industry and support thousands of jobs.
Nicola Sturgeon will hail the future of steel and engineering in Scotland as she formally reopens the country’s last major steelworks.
The loss of thousands of jobs from the closure of a steelworks factory is still being felt one year on, local MPs have said, as new figures suggest at least 160 former staff remain unemployed.
The UK steel industry has welcomed a move by the European Union to impose anti-dumping measures on a steel product from China and Russia.
A steel company official has set out plans for a “radical” reshape of the struggling industry to make it competitive again.
Steel giant Tata said it will consider all expressions of interest in buying its loss-making UK business as a management buyout emerged as a potential saviour of thousands of jobs.
Communities across the UK will be “crushed” if steel plants close, the Archbishop of Wales has warned.
Tata has declined to comment on reports and rumours of potential buyers and investors into its loss-making UK steel business.
The Government is ready to provide support in order to clinch a deal to save the Port Talbot steelworks, Business Secretary Sajid Javid has said.
China has imposed anti-dumping duties on “under-priced” steel from the European Union, Japan and South Korea.
The Government has been outlining its response to the crisis gripping the steel industry as workers at the country’s biggest steel plant await a visit from the Business Secretary.
Ministers have been accused of prioritising trade links with China over support for the UK steel industry as Sajid Javid prepares to meet steelworkers in Port Talbot.
The Government is doing “everything that is practicable and possible” to allow tougher tariffs on cheap steel, the Chancellor has said.
The Government has ruled out nationalising the steel industry to tackle the threat of thousands of job losses after the Prime Minister admitted there were no guarantees of resolving the current crisis.
The Prime Minister will chair a meeting in Downing Street to discuss the crisis gripping the steel industry amid growing fears of huge job losses.
UK union leaders have held talks in India ahead of a crucial board meeting of steel giant Tata which could decide the fate of thousands of workers.