14
May
20:24
British Steel struggles under Brexit's shadow
British Steel has been hit by further Brexit-related problems and is negotiating a further loan with the UK government to help it “… navigate” increasingly choppy waters.
This follows the £120 million ($155m) loan granted by the British government in April to help the steelmaker resolve an issue with the non-appearance of its expected carbon allowances from the EU for 2019. This happened because EU Emissions Trading Scheme free allowance…
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Anonymous
Very good overview of the weekly steel market.
Anonymous