High energy costs in the UK have exposed the steel industry to decades of low growth and competition from imports made cheaper by lower energy costs in other countries.
British Steel has secured a major German rail contract after enhancing its manufacturing capabilities with a seven-figure investment.
US President Donald Trump has announced plans to impose tariffs on the import of steel and aluminium, at 25% and 10% respectively.
Luxury bed manufacturer, Harrison Spinks has invested £1.8m in a new wire drawing facility on British Steel’s site in Scunthorpe, which will lead to the creation of more than 20 new jobs.
A1 Flue Systems is expecting to secure more than £8m worth of large new contracts within the next couple of months thanks to several tenders coming to fruition at the same time.
Independent stamping and presswork specialist, Brandauer, produced more than 1.5 billion components last year – the best performance in its 156-year history.
Manufacturer of long steel products, Saarstahl, has ordered a five-strand billet caster for its steel plant in Saarland, Germany.
The Castings Group of the Advanced Manufacturing Research Centre has unveiled the largest ceramic shell titanium casting ever created from a single pour in Europe.
Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
Japanese metals manufacturer Kobe Steel has been embroiled in an ongoing scandal relating to admissions that they had sold products with misstated quality.