The Great British government has taken control of the production of British Steel in the scantorp, and Jindal Stainess promised to strengthen the “Indian Indian Independence in Stainless Steel Production”, since the importance of domestic steel production was in the news headlines around the world this month.
Europe
British Steel
The British government has taken control of British Steel in Scantorp.
This step was taken after the company owned by the Chinese Jingye Group announced plans to close the two remaining blast furnaces and steel production.
British Steel announced daily losses of 700,000 pounds on the day when on March 27 consultations began on planned closure. The manufacturer of the British Steel variety rental explained the unstable financial situation with difficult market conditions, tariffs and growing environmental costs.
In response to this, the parliament adopted extraordinary legislation, which provides the Minister for Business Affairs Jonathan Reynolds the authority to intervene and take control of domestic steel manufacturers.
Despite the changes that included the appointment of a new temporary general director and commercial director of the steel company, the Jingye Group remains the owner of British Steel.
Celsa
The manufacturer of the SMS equipment has concluded a contract with the Spanish manufacturer of the CELSA varietal rental for the modernization of chipboard No. 2 at its enterprise in Castelbisbala near Barcelona.
The work planned for November 2025 includes the installation of an automated slag removal system, which will increase the safety of operation, and also increase the performance of the furnace.
Separately, Celsa confirms that she has reached an agreement with the investment company Criteriacaixa on the sale of 20% of his shares. It is expected that the transaction will be completed in the coming weeks.
Trading protection of Great Britain
The UK Trading Merchants (TRA) will conduct a complete overview of protective measures applied to the import of finished steel products imported into the United Kingdom.
The revision was caused by the evidence presented by the UK Steel, the Trade Association representing the domestic industry. She argued that from the moment of the first application of safety measures, significant changes have occurred in the circumstances.
The UK Steel statement notes that quotas for certain categories of steel (namely categories 4, 7 and 13) "dominate and are exhausted by individual countries."
In March, TRA announced the beginning of a review of exceptions from the UK protective measures for developing countries.
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Azovpromstal® 9 May 2025 г. 13:09 |