Steel Strip

Steelworks in Port Talbot, Wales, owned by the Tata Group, one of the foreign firms ‘investing in the UK as a key player in Europe’. Photograph: Anthony Devlin/PA

Britain’s hard-pressed manufacturers have expressed growing unease that the financial sector was defended in Europe by David Cameron at the expense of Britain’s industrial interests.
Steelmakers fear the UK [...]

UK manufacturing sector growth fell to its lowest rate for 21 months in June as new orders declined, a survey says.
The Markit/Cips manufacturing purchasing managers’ index (PMI) for June fell to 51.3, down from May’s downwardly revised measure of 52.0. A figure above 50 indicates expansion.
Markit said that growth was "stalling", with weak domestic [...]

Willenhall-based steel firm Niagara Lasalle has been taken over by investor Endless in a £27 million deal.
The investor, which specalises in turnarounds, purchased the 300-strong West Midland firm from its US parent company Niagara Corporation.
Niagara Lasalle, which provides hot rolled and bright steel bars in engineering steel grades, had a turnover of more than £60 [...]

The recent floods in Australia are having a major impact on coal mining. As Australia is one one the top five coal exporters in the world this is certain to have an impact on the availability of “coking coal” used in the manufacture of steel.
Whilst the most immediate effect will be felt in the South [...]

Steel firm Corus is to take on 154 new workers in South Yorkshire, and resume apprentice and graduate recruitment, it has been announced.
The latest plans will bring the number of new workers hired by the firm to more than 300 since March, with the Speciality Steels division recruiting trainees for the first time since the [...]

Despite years of decline, the UK Automotive Industry, continues to be a vital part of the UK’s manufacturing Industry.
The UK is the fourth largest automotive manufacturer in Europe, building two million engines and one million vehicles in 2009 according to new figures from the Society of Motor Manufacturers and Traders.
More than two million engines and [...]

The following article by Roger Bootle appears in Today’s Telegraph
This is a far cry from the days when it was widely believed that British man could live by services alone. But it is now part of the zeitgeist. Since the financial crisis erupted, there has been a persistent strain of comment to the effect that [...]

The Teesside Cast Products Plant (TCP) run by Corus, which is owned by Indian conglomerate Tata, will finally be mothballed on Friday - three weeks after the Redcar site was initially planned to shut down.
Local Labour MP Vera Baird said the rising price of steel could give the town’s major employer a future, and [...]

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Corus, the European unit of Tata Steel Ltd. announced Friday plans to build a new pilot plant at its Ijmuiden, Netherlands steelworks to test a new steelmaking process that could potentially reduce carbon dioxide (CO2) emissions by more than 50%, the company said Friday. The company is working in consortium with the [...]