Global
Britain's Steel Under Siege: Tariffs Soar as Industry Faces Collapse Amid Net Zero Battle
The UK government's new £2.5 billion Steel Strategy signals an end to virgin steelmaking, pivoting to electric arc furnaces for net zero. This move, however, raises national security concerns while aiming to protect the domestic industry with strict tariffs and increased production targets. The strategy impacts key sites like Scunthorpe and Port Talbot, attracting both praise for modernization and...
