British Steel considering cutting hundreds of jobs due to rising energy costs

Up to 800 jobs could reportedly be cut by the steel manufacturer in a drive to minimise business costs amid the energy crisis

Electricity prices are a barrier to decarbonisation, UK steel industry says

UK steel manufacturers currently pay 61% more for electricity than their competitors in Germany and 51% more than in France, new report finds

Offshore oil and gas is "place to be" says Forgemaster boss

The chief executive of Sheffield Forgemasters reckons offshore oil and gas sector is “the place to be” for steelmakers right now. Graham Honeyman (pictured) told the audience at UKTI’s Civil Nuclear Showcase this morning the UK nuclear sector “will be” but “it’s not there yet”. He added nuclear providers are “waiting for the day” and […]