Tag Archives: Steel

The Government has launched a new steel council with members including Tata Steel and British Steel following thousands of job losses in the UK last year. The Steel Council will help steer plans for the industry which will be backed by up to £2.5 billion of investment. Business Secretary Jonathan …

A CRISIS at Germany’s biggest steelmaker has deepened with the abrupt departure of seven company directors. About 1,000 steelworkers rallied at the gates of Thyssenkrupp’s Duisburg plant on Thursday, protesting against threats to halve steel production and cut jobs. Thyssenkrupp steel division chief executive Bernard Osburg and supervisory board chairman …