Tag #Steel Industry

Showing 61 to 72 of 155 results

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
theguardian.com
🌐 75% Global Worthiness
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False Claims: Net-Zero Not to Blame for UK Steel Crisis

The UK government is taking emergency control of Britain's last remaining mass-produced virgin steel plant in Scunthorpe after its Chinese owner refused government support; despite claims by some politicians and media outlets that the UK's net zero policies are to blame, experts say this is false, c...

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52% Bias Score

Industry, Innovation, and Infrastructure
aljazeera.com
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UK Government Takes Control of British Steel to Avert Collapse

The UK government took temporary control of British Steel on Saturday, saving 3,500 jobs and preventing the closure of its loss-making blast furnaces after negotiations with the Chinese owner, Jingye Group, failed, amid global pressures and US tariffs.

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40% Bias Score

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theguardian.com
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Government Intervention Saves British Steel Plant

The UK government intervened to prevent the closure of British Steel's Scunthorpe plant, owned by Jingye Group, saving four blast furnaces and approximately 20,000 jobs, due to concerns about the Chinese owner's intentions and the plant's critical role in British industry; nationalization is likely.

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56% Bias Score

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lemonde.fr
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UK Government Takes Control of British Steel Blast Furnaces

The UK Parliament initiated emergency proceedings on April 12th to authorize government control of British Steel's last two blast furnaces, averting the loss of 2,700 jobs and preventing irreversible damage to the UK's steel production capacity. The government aims to explore options to keep the pla...

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36% Bias Score

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smh.com.au
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UK Government Intervenes to Prevent British Steel Plant Closure

To prevent the closure of British Steel's Scunthorpe plant and the loss of 3,500 jobs, the UK government recalled parliament on a Saturday to pass emergency legislation enabling the government to take control of the site from its Chinese owner, Jingye Group, amid global steel market instability and ...

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60% Bias Score

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nos.nl
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Tata Steel Netherlands to Cut 1600 Jobs Amidst Reorganization

Tata Steel Netherlands announced it will cut 1600 jobs (1/6 of its workforce) due to financial losses and the need to improve competitiveness, causing employee concern and potential strike action; the company aims to secure government funding for a green transition and improve its profitability.

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44% Bias Score

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bbc.com
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UK Government Intervenes to Save British Steel

The UK government passed emergency legislation to prevent the collapse of Chinese-owned British Steel in Scunthorpe, securing raw materials to maintain its two blast furnaces after the parent company, Jingye, attempted to sell off en-route supplies; approximately 60% of the workforce is British, and...

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40% Bias Score

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news.sky.com
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UK Government Intervenes to Save British Steel Plant

The UK government passed emergency legislation to take control of British Steel's Scunthorpe plant, preventing its closure due to the Chinese owner's alleged refusal to supply essential raw materials, raising concerns about the UK's long-term steel production and national security.

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40% Bias Score

Decent Work and Economic Growth
news.sky.com
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British Steel Faces Closure; Parliament Debates Nationalisation

Facing potential closure, the British Steel plant in Scunthorpe, owned by Jingye, saw its Chinese owner cancel raw material orders, prompting a parliamentary debate on emergency legislation for potential nationalisation to save 3,500 jobs.

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56% Bias Score

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news.sky.com
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UK Government to Debate Emergency Laws to Save British Steel

To prevent the closure of British Steel's Scunthorpe plant, which employs 3,500 people and produces vital steel, the UK government will debate emergency laws today allowing it to take control, prompted by the owner Jingye's decision to halt operations due to unsustainable costs.

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60% Bias Score

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dailymail.co.uk
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UK Ministers Urged to Reclaim British Steel from China

Amid concerns over national security and economic stability, senior military and industry figures are demanding that the UK government reclaim British Steel from its Chinese owner, Jingye, as the fate of its Scunthorpe plant hangs in the balance; closure would have catastrophic consequences, they wa...

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72% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 155 results