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Category: News

Section 232 Creates Boom and Bust in US Steel Prices

Posted on 22nd May 20197th May 2019 by Rainham Steel

While US steel selling values continue to be amongst the highest in the world, domestic steelmakers have lost a large part of the pricing gains they secured in late 2017/early 2018. It is widely accepted that US steel producers capitalised initially, on the speculation, and then the implementation of strong import protection measures, in March, […]

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Posted in News

British Steel gets £100m government loan to pay carbon bill

Posted on 7th May 2019 by Rainham Steel

British Steel has secured a £100m loan from the government to pay its EU carbon bill, a source close to the company has said. The money means the private equity-owned firm will avoid a steep EU fine. The firm said earlier this month it needed the funds to settle its 2018 pollution bill due at […]

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