Steel News

We strive to let you one step ahead of the market.

UK to approve package plan to support British Steel & Tata Steel’s green transition

24 Jan 2023 17:14 reported by Stanley Wang

A A A
The UK’s government will approve the package plan to support the country’s two largest steel companies, British Steel and Tata Steel UK, to develop green transition. Each of the companies will receive around £300 million.

The grants were expected to apply in the transition from coking coal-fired blast furnaces to electric arc furnaces and compensation for electricity costs. Besides, it also could protect thousands of jobs in the UK’s industrial centers.

Back to Steel News

Related News

ArcelorMittal’s Ukrainian mill plans to resume 50% production capacity

  • Industry activities
  • 7 Feb 2023 17:01

Turkish earthquake not affect steel production

  • Industry activities
  • 7 Feb 2023 13:44

U. S. Steel Košice resumes operation of blast furnace No.2

  • Industry activities
  • 6 Feb 2023 17:00

Nornickel’s projects to be delayed by Western partners’ non-cooperation

  • Industry activities
  • 6 Feb 2023 16:59

Nucor’s new plate mill to run at full capacity by end-2023

  • Industry activities
  • 6 Feb 2023 16:52

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,135.00
  • 3,094.50
  • Aluminum
  • 2,472.00
  • 2,513.00
  • Copper
  • 8,863.00
  • 8,891.00
  • Nickel
  • 26,805.00
  • 27,095.00

Learn more

Coil Exchange Center

  • 2B Coil-Mar
  • 3,080
  • 2,940
  • NO1 Coil-Mar
  • 3,050
  • 2,910
  • 2B Coil-Mar
  • 3,080
  • 2,940
  • NO1 Coil-Mar
  • 3,050
  • 2,910

Learn more