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 [...]

More than 150 workers at a North Lincolnshire steel firm are taking an extended Christmas break to help their employer stay in business.
Staff at Caparo Merchant Bar (CMB) in Scunthorpe have agreed to take a longer, partly-unpaid, holiday over the Christmas and new year period.
Workers are being supported by the Community Trade Union in an [...]

Warsaw Business Journal reported that steel giant ArcelorMittal, which controls 70% of the Polish steel production market, wants to reduce the number of its employees in the Czech Republic by around 10%. The company plans to launch a voluntary redundancy scheme there in the near future. Due [...]

A hot strip mill at a huge steel plant is to be mothballed because of "continuing poor demand", with the loss of 115 jobs, it has been announced.
Tata Steel said the temporary mothballing of the mill at its Llanwern site in Newport, will take immediate effect.
The move will lead to the loss of 115 agency [...]