The government of the United Kingdom has stepped in to keep a steelmaking complex in Scunthorpe, England, operating.

Link: The Zacks Steel Producers industry is well poised to benefit from an uptick in steel prices this year from last year's lows. A resilient non-residential construction market and firm demand in ...

The Zacks Steel Producers industry is well poised to benefit from an uptick in steel prices this year from last year's lows.

In this May 9, 2019, file photo, steel rods produced at the Gerdau Ameristeel mill in Saint Paul ... in terms of the operation of those two blast furnaces,” she said in an interview with ...

He suggested the company’s ultimate plan had been to close the blast furnaces, but keep hold of the more profitable steel mills and supply them by importing steel from China. But he declined to ...

Jonathan Reynolds said Jingye Group, which has owned British Steel since ... to close the blast furnaces “come what may,” while keeping the more profitable steel mill operations and supplying ...

But an emergency move by the British Parliament last weekend to take control of a Chinese-owned British steel mill has struck ... from shutting down two blast furnaces, which could have shuttered ...

"I think Jingye had a plan. The plan was to close the blast furnaces so they were going to import steel from China to run through our mills, and British Steel would have become what we call a ...

He suggested the company’s ultimate plan had been to close the blast furnaces, but keep hold of the more profitable steel mills and supply them by importing steel from China. But he declined to accuse ...