Liberty House completes £100m Tata Steel deal

Liberty House has formally completed a £100 million deal to take over Tata Steel’s speciality steels business. The international industrial group announced the acquisition would create around 300 new steel jobs and secure 1,700 existing positions. It said it would invest up to £20 million in new plant and equipment to make its high value […]

Swedish Energy Agency gives £5m for green steel

The Swedish Energy Agency is to provide SEK56 million (£5m) to a Carbon Dioxide-free steel project. Steel refiners SSAB, mining company LKAB and Vattenfall have agreed to contribute the remaining SEK46 million (£4.1m), bringing total funding for the four-year research initiative up to SEK102 million (£9.1m). They will also form a corporate joint venture in spring. The companies aim to come up […]