The United Kingdom government officially launched a new national Steel Strategy on March 19, 2026, aimed at domesticating 50% of the nation's steel consumption, up from the current 30%. As part of this robust trade defense, the UK will reduce tariff-free import quotas by 60% effective July 1, 2026, while raising the maximum Most Favored Nation (MFN) tariff to 50% for imports exceeding these limits. This move is designed to shield the domestic industry—currently transitioning from traditional blast furnaces to electric arc furnaces (EAF)—from global overcapacity and extreme subsidies.
Mar 23, 2026 13:26On June 13, Anji Logistics, the logistics arm of SAIC Motor, officially named and delivered its 36th self-operated roll-on/roll-off (ro-ro) vessel, Anji Soundness, built by Jinling Shipyard, China Mer...
Jun 13, 2025 23:24Basingstoke, UK - 16 April 2025 - LevertonHELM, a prominent UK chemicals manufacturer with a near five-decade legacy of expertise in the lithium sector, has today launched a groundbreaking £30 million state-of-the-art Lithium Chloride solution production facility, marking a significant leap forward in the United Kingdom's green industrial strategy.
Apr 17, 2025 15:22In recent days, three energy storage system fires or explosions were reported in the United States, Germany, and the United Kingdom, drawing renewed attention to safety concerns in the sector.
Mar 17, 2025 10:45[SMM Flash News] Russian President Putin has asked the government to consider whether it is necessary to restrict the export of bulk commodities such as nickel, titanium, and uranium in retaliation for Western sanctions. Earlier, after the implementation of sanctions by the United States and the United Kingdom, the London Metal Exchange banned the acceptance of newly produced Russian nickel and aluminum in April, but Russia sold most of its output to end users. "I am not saying we must do this tomorrow, but we can consider imposing certain restrictions on supplies to foreign markets, not only for the commodities I mentioned, but also for some other commodities," Putin said.
Sep 12, 2024 09:01[Putin Calls for Consideration of Restricting Exports of Bulk Commodities Such as Nickel and Uranium] Russian President Vladimir Putin has asked the government to consider whether it is necessary to restrict the exports of bulk commodities such as nickel, titanium, and uranium in retaliation for Western sanctions. Earlier, after the United States and the United Kingdom imposed sanctions, the London Metal Exchange banned the acceptance of newly produced Russian nickel and aluminum in April, but Russia sold most of its production to end users.
Sep 12, 2024 09:01