Tag #Steel Industry

Showing 49 to 60 of 155 results

lefigaro.fr
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French Socialists Propose State Control of ArcelorMittal's Dunkirk Site

The French Socialist Party announced a bill to put ArcelorMittal's Dunkirk site under state control, responding to planned job cuts (636 in France, 1400 transferred to India) and accusing the company of broken commitments, prompting calls for nationalization, stronger industrial policy, and protecti...

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56% Bias Score

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theguardian.com
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UK Government Intervention Saves 2,700 British Steel Jobs

The UK government's takeover of British Steel averted the redundancy of 2,700 steelworkers at its Scunthorpe plant after securing crucial raw materials, preventing the closure of two blast furnaces and maintaining Britain's steel production capacity.

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40% Bias Score

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theguardian.com
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UK Government Intervention Prevents British Steel Closure Amidst Sino-British Tensions

The UK government intervened to prevent the closure of British Steel's Scunthorpe plant, averting 2,700 job losses, after its Chinese owner, Jingye, threatened closure, sparking a diplomatic row between the UK and China.

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60% Bias Score

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bbc.com
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UK Government Saves British Steel from Closure

The UK government seized control of British Steel's Scunthorpe plant after a dispute with its Chinese owner, Jingye, securing emergency shipments of raw materials to keep its blast furnaces running for the coming weeks, preventing the loss of virgin steel production and safeguarding 2,700 jobs.

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52% Bias Score

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bbc.com
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UK Government Takes Control of British Steel Plant to Secure Steel Production

The UK government took control of British Steel's Scunthorpe plant, securing essential materials to prevent its closure, safeguarding 2,700 jobs and maintaining the UK's virgin steel production capacity after negotiations with the Chinese owner Jingye failed.

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44% Bias Score

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euronews.com
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UK Takes Control of British Steel Amidst Concerns Over Virgin Steel Production

The UK government assumed control of British Steel from its Chinese owner, Jingye Group, on Saturday after Jingye stopped supplying the plant with raw materials, potentially halting the production of virgin steel from the last two blast furnaces in Britain and raising concerns in China about fair tr...

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36% Bias Score

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news.sky.com
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UK Government Saves 2,700 British Steel Jobs

The UK government's takeover of British Steel averted the loss of up to 2,700 jobs at its Scunthorpe plant, which was facing closure due to financial instability caused by market conditions, tariffs, and the shift to lower-carbon production; the government's intervention secured raw materials and ap...

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44% Bias Score

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theguardian.com
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UK Rejects US Pressure, Maintaining Economic Ties with China

Amid US pressure to limit trade with China, UK Chancellor Rachel Reeves rejected economic disengagement, citing China's economic importance. This follows scrutiny of Chinese investments in UK infrastructure like British Steel and Shein's planned London Stock Exchange listing, raising questions about...

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52% Bias Score

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news.sky.com
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UK Government Secures Raw Materials to Prevent British Steel Plant Closure

The UK government has secured the raw materials to keep British Steel's Scunthorpe plant operating after the collapse of negotiations with Chinese owner Jingye, who allegedly planned to shut down the plant by halting raw material orders; three ships carrying materials are either docked or en route t...

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52% Bias Score

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news.sky.com
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U-turn on Chinese Steel Investment

UK Business Secretary Jonathan Reynolds reversed his opposition to Chinese involvement in British steel after Downing Street clarified that there is no blanket ban on Chinese investment in essential industries; this sparked debate among various UK political parties about China's influence.

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60% Bias Score

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dailymail.co.uk
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UK Government Seizes Control of British Steel Plant

The UK government took control of British Steel's Scunthorpe plant to prevent its closure after accusations that its Chinese owner, Jingye, was accelerating a shutdown, securing short-term raw material supplies to keep furnaces running, while facing criticism for its actions from China.

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40% Bias Score

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theguardian.com
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UK Renationalizes British Steel, Signaling Return to Industrial Policy

The UK government has renationalized British Steel, signaling a return to industrial policy after decades of market-based approaches; this is due to the looming closure of Britain's last blast furnaces and recognition of steel's strategic importance for energy transition and supply chain security.

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52% Bias Score

Industry, Innovation, and Infrastructure

Showing 49 to 60 of 155 results