Colin Richardson

Newport-based Island Steel traded with Gwent Steel on "normal commercial terms" during the year ended June 2021, the former said in its latest results filing to Companies House.

Liberty Steel UK is idling three of its sites and cutting jobs, sources told <i>Argus</i> today.

Trader Belcore Global saw its turnover rise to £184.9mn ($222.4mn) in the year to 31 December 2021, up from £48.2mn in the February-December 2020 period.

Online metals marketplace Reibus is closing its Dubai office and making cuts elsewhere to conserve cash, sources have told <i>Argus</i>.

Tata Steel UK is likely to continue importing Indian hot-rolled coil (HRC) under the other countries' quota, market sources suggest.

Birkenhead-based decoiler Atlantic Steel filed for administration yesterday, according to a filing seen by <i>Argus</i>.

The UK Trade Remedies Authority (TRA) has recommended splitting the country's safeguard import quota for hot-rolled coil (HRC) into two, and has increased it to almost 3mn t.

The UK Trade Remedies Authority's recommendation to change hot-rolled coil (HRC) import quotas is "unworkable", according to steel trader Stemcor.

Open interest on the CME Group's north European hot-rolled coil (HRC) contract reached a fresh record high on 3 September.

EU steelmakers are lobbying for emergency restrictions on imports in light of continuing market penetration, according to numerous sources.

UK port operator Peel Ports will increase steel handling and storage fees at the Port of Liverpool from 1 April, multiple market sources told <i>Argus</i> today.

Large UK service centre USP Steels will increase its sheet prices by £50/t, with the first increments effective from 3 February.