#british steel

2 stories

#steel industry #electric arc furnace #financial sustainability #government spending #green steelmaking #grid connection delays #industrial policy #labour government #manufacturing #nationalisation #news #port talbot

British Steel costs spiral with no exit plan in sight
MPs warn the government has no credible strategy for the nationalised steelmaker, which is burning through £1.3m daily.
the Guardian · 1m
Tata Steel seeks more UK cash for delayed Port Talbot plant
Tata Steel is asking the UK government for hundreds of millions in additional funding as delays to its Port Talbot transformation project spiral costs upward.
The Economic Times · 2m