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The Iron & Steel Statistics Bureau today comment as follows on Chinese steel production levels in March 2016.
?The decline in Chinese domestic demand for steel has been well documented and there had been reports in the press of government plans to cut some of the older, more polluting capacity and to reduce annual production by around 150 million tonnes... read more
Statement from Liberty House regarding the steel plate works at Dalzell and Clydebridge
Liberty House has completed its acquisition of the former Tata Steel plate making facilities at Dalzell and Clydebridge in Lanarkshire.
The deal involved a back-to-back transaction in which the Scottish Government acquired the two plants from Tata Steel and immediately... read more
A number of press reports are commenting on the lack of interest of the UK banking sector in the future financing of British steelmaking assets. For example see http://uk.reuters.com/article/us-tata-steel-britain-banking-idUKKCN0XB2CM which comments that ?Britain's biggest steel business is such an unattractive prize that most major investment banks are not... read more