The Manila Times

UK races vs time to keep steel furnaces running

LONDON — Britain’s government on Monday raced to secure raw materials to keep the country’s last steelmaking blast furnaces running, as Beijing warned the United Kingdom against politicizing the takeover of Chinese-owned British Steel. Prime Minister Keir Starmer’s government swooped in on Saturday to prevent the closure of British Steel’s main plant in northern Scunthorpe…

Read More
UK govt races against time to keep steel furnaces running | News

UK govt races against time to keep steel furnaces running | News

Britain’s government on Monday raced to secure raw materials to keep the country’s last steelmaking blast furnaces running after passing emergency legislation to take control of British Steel. Prime Minister Keir Starmer’s government swooped in on Saturday to prevent the closure of British Steel’s main plant in northern Scunthorpe after its Chinese owners Jingye halted…

Read More
EU agonizes over using its trade ‘bazooka’ to hit back at Trump’s mega tariff – POLITICO

EU agonizes over using its trade ‘bazooka’ to hit back at Trump’s mega tariff – POLITICO

The final list of countermeasures prepared by the Commission to respond to Trump’s steel and aluminum tariffs, which entered force on March 12, will not fully match their estimated impact of €26 billion on EU exports, Trade Commissioner Maroš Šefčovič said after the talks. That’s less than originally intended after EU countries lobbied to remove…

Read More
China’s ‘explosive’ ironmaking breakthrough achieves 3,600-fold productivity boost

China’s ‘explosive’ ironmaking breakthrough achieves 3,600-fold productivity boost

After more than a decade of intensive research in China, a groundbreaking new ironmaking technology is poised to revolutionise the global steel manufacturing industry. The new method involves injecting finely ground iron ore powder into an extremely hot furnace, triggering an “explosive chemical reaction”, according to the engineers involved in the project. The result is…

Read More