-
U.S. Steel has announced it will continue supplying slabs to its Granite City plant after White House intervention using the 'golden share' authority. This move follows earlier plans to cease operations, amid ongoing negotiations and union opposition. The decision impacts employment and production strategies at the plant.
-
The US has announced new tariffs on heavy trucks, steel, aluminum, and various finished goods, citing national security. The move affects European and Mexican industries, with concerns over supply chains and trade relations. The tariffs take effect from October 1, 2025, amid ongoing global trade tensions.
-
The UK government has spent over £235 million supporting British Steel since its rescue in April, amid fears that EU tariffs of up to 50% could threaten exports. The industry faces ongoing challenges from high energy costs, declining competitiveness, and potential trade barriers, risking further job losses and regional economic decline.