Democrats seized on a report that President Trump accepted a donation of foreign steel to be used in the White House ballroom, saying it showed disrespect toward American steel workers and raised questions about possible corruption. The New York Times reported Wednesday that ArcelorMittal, a steel company with headquarters in Luxembourg, had arranged a large…
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Shorouk Express The moves echo a French proposal backed in July by Europe’s steel lobby EUROFER and 11 EU nations, including Spain and Italy. That plan proposed slashing the bloc’s current steel safeguard quotas by 40 percent to 50 percent. Imports exceeding the quotas would catch a 50 percent tariff. “As a non-EU country, we…
Shorouk Express Economy Materials 12 August 2025 01:14 (UTC +04:00) Iran’s pig iron and steel exports show mixed trends, with overall volume rising significantly while export value experiences a moderate decline, reflecting shifts in product mix and market dynamics amid a substantial national production capacity. Access to paid information is limited …
Shorouk Express In response to a question from POLITICO on when the deal would be enforced at a joint press conference with British Prime Minister Keir Starmer in Scotland, Trump said it would happen “pretty soon.” He added: “You have no idea. These people are tough negotiators. But we’re a big buyer of steel. We’re…
Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Ministers have secured raw materials needed to keep British Steel furnaces in Scunthorpe alive amid accusations that the plant’s Chinese owners were poised to…
Shorouk Express Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Government officials and British Steel staff are in a desperate race to save its blast furnaces after what ministers believe was a plot…
Shorouk Express The legislation now heads to the House of Lords, where it is expected to be voted through later Saturday. The proposals will give the government the power to purchase the raw materials needed to keep the U.K.’s last blast furnaces burning as it seeks a partner to co-invest in the site. Despite multiple…
Shorouk Express Nationalisation of British Steel should be long term outcome A Labour peer has said nationalising British Steel should be a long term outcome after MPs voted in an emergency bill to give the government control of the steelworks plant. Labour peer Lord Sikka said the Government was trying to avoid explicitly saying it…
Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Sir Keir Starmer has warned the future of British Steel’s Scunthorpe plant “hangs in the balance” as he unveiled emergency plans to take control…
