Steel

Fossil-fuel burning at Ohio facility could burn longer, leaving Middletown residents to face environmental risksSign up for the Breaking News US email to get newsletter alerts in your inboxIt was just a few months after moving from Louisville to Middletown, Ohio, four years ago that Vivian Adams’s six-year-old daughter’s asthma problem worsened.“My daughter was born prematurely so she already had lung issues,” she says, “[but] it’s gotten worse. She stays sick and coughing and can’t breathe. She’s had to go on everyday medication for her asthma, plus she has a rescue inhaler.” Continue reading...

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete pricesOne of HS2’s biggest contractors has warned the government that raising tariffs on foreign steel imports will “exacerbate” cost pressures for the UK construction industry, amid growing concern over the £100bn railway’s rising budget.Ministers said last week they would double the tariffs on imported steel and slash the amount that can be bought from overseas, in an attempt to save Britain’s struggling steelmakers. Continue reading...

Business secretary announces new ‘steel safeguards’ during visit to Tata’s Port Talbot plantThe UK is to double tariffs on Chinese and other foreign steel in a bid to save its remaining plants from collapse.The new “steel safeguards” came weeks after bosses at Tata Steel in south Wales warned the government they had just two months to be saved. Continue reading...

National Audit Office highlights benefits of state rescue for jobs and orders but warns of continuing high cost The cost of keeping the UK’s last remaining blast furnaces going at British Steel’s Scunthorpe plant could exceed £1.5bn by 2028 if it continues at its current rate, according to the government’s spending watchdog.Ministers took the plant into public control in April last year, after its Chinese owner – industrial firm Jingye – threatened to shut down the loss-making site. Continue reading...