London’s double whammy on steel:
- no guarantees that it will avoid tariffs of 50% on exports to EU
- no deal in sight w US on Section 232 tariffs
@chrishorseman.bsky.social reports
#UKsteel
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Labour DITCHES innovative steel grants to bail out loss-making works!
-> £2.5BN manifesto pledge is now about survival, not future growth.
-> Is this a betrayal of British innovation?
#UKSteel #SteelCrisis #LabourUturn
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İngiltere çelik sektöründe alarm: #AB, gümrüksüz kotaları azaltıp vergiyi %50’ye çıkarıyor. UK Steel bunu felaket olarak nitelendiriyor. Başbakan #Starmer, #Brüksel ile müzakerelerin sürdüğünü açıkladı. #UKSteel #İngiltere #Ticaret
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#UK Steel Sector on alert: #EU plans to cut duty-free quotas and raise tariffs to 50%. #UK Steel warns this could be catastrophic. #PM Starmer says negotiations with Brussels continue. #UKSteel #TradeNews #Starmer
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It's September and Parliament is back in session! This week's episodes focus on the following debates.
Mon: Baby Allergy Guidance
Tues: Diabetes In Sport
Weds: Pavement Parking Ban
Thurs: UK Steel Crisis
🎧 buff.ly/XdZm6sy
#UKpolitics #parliament #uksteel #diabetes #sport
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UK govt. says British Steel's Chinese owners (Jingye) are demanding hundreds of millions in taxpayer funds to finalize the sale of the Scunthorpe steelworks. Negotiations are ongoing. #UKSteel #News
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This week we introduce shorter episodes of 5-6 mins. Tip... listen on 1.2 or 1.5x speed...I think Amy and Ivan sound better sped up! 😃🎧⏭️🤖 #ukpolitics
Mon: Future of #UKSteel
Tues: #HS2 reset
Weds: Post-industrial towns strategy
Thurs: #Windrush Day 2025
Follow and Share www.thebenchreport.co.uk
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#LatestUpdates #GarethStace #UK #UKSteel UK Infrastructure Strategy to support domestic steel sector
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Watching our Quisling PM embarrassingly fumble around on the floor with the papers for the Trade Deal Trump clearly couldn't be fucked about and what do we get exactly?
www.theguardian.com/business/2025/jun/17/tru...
#Trump […]
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1/ 🚨 Major backing for UK steel in today’s Spending Review.
Chancellor
@RachelReevesMP
has put British steel at the heart of economic security, pledging to “buy, make and sell more steel here in Britain.”
#SpendingReview #UKsteel #CSR
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This agreement will:
✔️ Improve trade with our largest steel export market
✔️ Provide confidence in carbon pricing for UK producers
✔️Exempt UK steel exports to the EU from Carbon Border Adjustment Mechanism (CBAM) costs and administrative burdens
#NetZero #UKSteel #EUReset #Trade #CBAM #ETS
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Wow, the Right Wing lied, how unlike them...../s
www.theguardian.com/business/2025/apr/14/rig...
#NetZero #EdMilliband #ClimateCrisis #UKSteel
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We no longer mine coal in the UK. To keep steel furnaces that use coke going like Scunthorpe we’ll have to import coke. Main exporter to us is USA! 59% or c700,000 tons… #tariffs #steel #uksteel
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Gov’t taking over British Steel’s Scunthorpe plant won’t save UK steel unless energy prices are fixed. Industry pays 80% more than France. Without urgent reform—price caps, grid charge cuts—this is just life support. Totally unviable at current energy costs. #UKsteel #Scunthorpe
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Why is the UK taxpayer taking on a company that's losing £700,000 A FUCKING DAY being celebrated? #uksteel
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The Case for a Modern UK Steel Industry: Economic, Strategic, and Global Implications. x.com/Bear_Faced/s...
#UKSteel #BritishSteel #SaveScunthorpe #Nationalisation #SteelIndustry #DefenceUK #NationalSecurity#ManufacturingUK #UKParliament #KeirStarmer #TrumpTariffs #RegionalEconomy 🇬🇧🏭🔥🚂⚓️🌱💪📈🌍
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🚨 Uncertainty at Scunthorpe Steelworks as British Steel considers blast furnace closures. Govt has made a conditional offer of support to secure the future of UK steel and jobs. #ScunthorpeSteel #UKSteel #Manufacturing #SaveOurSteel @markbrown14 🎧
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"The Trade Remedies Authority is expanding its review of steel tariff rate quotas to address industry concerns as the British steel sector braces for potential market turbulence," writes Chris Horseman
#UKtrade #UKsteel
borderlex.net/2025/03/26/u...
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"The Trade Remedies Authority is expanding its review of steel tariff rate quotas to address industry concerns as the British steel sector braces for potential market turbulence," writes Chris Horseman
#UKtrade #UKsteel
borderlex.net/2025/03/26/u...
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"The Trade Remedies Authority is expanding its review of steel tariff rate quotas to address industry concerns as the British steel sector braces for potential market turbulence," writes Chris Horseman
#UKtrade #UKsteel
borderlex.net/2025/03/26/u...
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"The Trade Remedies Authority is expanding its review of steel tariff rate quotas to address industry concerns as the British steel sector braces for potential market turbulence," writes Chris Horseman
#UKtrade #UKsteel
borderlex.net/2025/03/26/u...
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"The Trade Remedies Authority is expanding its review of steel tariff rate quotas to address industry concerns as the British steel sector braces for potential market turbulence," writes Chris Horseman
#UKtrade #UKsteel
borderlex.net/2025/03/26/u...
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"The Trade Remedies Authority is expanding its review of steel tariff rate quotas to address industry concerns as the British steel sector braces for potential market turbulence," writes Chris Horseman
#UKtrade #UKsteel
borderlex.net/2025/03/26/u...
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Starmer’s playing it safe with Trump’s tariffs, but at what cost? UK steelworkers deserve better than cautious diplomacy. 🛑 #UKSteel #TradeWar #LabourFail
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8hago 07.12 GMT UK Steel: Tariffs will have "hugely damaging consequnces’ The tariffs will have “hugely damaging consequences for UK suppliers and their customers in the US,” the UK’s industry group UK Steel warns. They will also have a further harmful indirect effect of deflecting steel trade from the US into markets like the UK. Further reciprocal tariffs are expected to be announced by the US on 2 April. The US is the UK’s second most important export market for steel after the EU, particularly as it is a high value market, UK Steel explains. US exports account for 9% of UK steel exports by value and 7% by volume. This is mostly specialist steel that goes into areas such as defence, oil and gas, construction equipment and packaging. This comes at a time of global overcapacity and oversupply, high energy costs, and weak demand, making the the blow to UK exports “all the more detrimental”.
UK Steel director general, Gareth Stace, said: 44 Today’s imposition of tariffs on UK steel from the US administration is hugely disappointing. President Trump must surely recognise that the UK is an ally, not a foe. Our steel sector is not a threat to the US, but a partner to key customers, sharing the same values and objectives in addressing global overcapacity and tackling unfair trade. These tariffs couldn’t come at a worse time for the UK steel industry, as we battle with high energy costs and subdued demand at home, against an oversupplied and increasingly protectionist global landscape. What’s more, the EU is also pushing ahead with trade restrictive action that will amplify the impact of US tariffs. It is essential that the UK Government not only continues efforts to negotiate exemptions with the US, but also takes decisive action to bolster our trade defences. We greatly appreciate all the efforts that have been made so far and will continue working closely with our Government to secure the best possible outcome.
Our 'ally' that we have a 'Special Relationship' has done this to us, while we pretend they didn't really mean to hurt us, they love us really....
#UKSteel #UKPOL #UKpolitics #Tariffs
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4hago 10.22 GMT “The latest announcement on tariffs stretches far wider than the global steel and aluminium industry. Unilateral tariffs of this nature break international law,” said Chris Southworth, secretary general of the International Chamber of Commerce United Kingdom. He explained: 44 The bigger message from the Trump administration is everybody is now in the firing line, whether we’re allies, friends or foes, G7, G20, NATO, everybody is now in the frame for tariffs from the US. This is a completely non-discriminatory approach, that will absolutely damage the long term reputation of the U.S as a reliable partner. This a critical moment for the global community, who now need to pull together, and respond collectively. The UKlhas an incredibly important role to play in that response, by helping to broker a dialogue with the US to get to a solution, that can work for everybody.
It is hard to see how companies will now not now pause investment and be looking to potentially reroute trade away from the US to less volatile markets. He warned that this will impact American businesses too - especially in the aerospace, automotive and construction. 44 The UK plays an incredibly important role in the international community. We’re a G7 economy, we’re a big ally of the US, we work very well with the US. However, in this particular case, we need to use our pragmatism and leverage the deep relationships we have with lots of countries around the world, whom will be looking at this with deep concern, and facilitate a better solution.
OMG, the copium of the Brits.
We are none of this, we're a sideshow that has no 'Special Relationship' and carrying on like we have isn't doing us any favours, it's like pretending Brexit was a good idea that worked. But that's the delusional British for you […]
[Original post on mastodon.social]
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hago 10.47 GMT The UK’s GMB union says the tariffs are “potentially disastrous for all sides”. Charlotte Brumpton-Childs, GMB national officer, said: 44 The USA gains nothing and in many instances will be undermining its own manufacturing industry. There are shipments currently in the Atlantic, delayed by bad weather that could be subject to tariffs that weren’t planned to be. The government is using all levers available and GMB is still hopeful we can get a common sense outcome. We must not take our eye off the EU and their response to tariffs which could further compound the pressure the UK industry will face.
Didn't the GMB support Brexit? Oh well, so much for the workers, but at least the people at the top got theirs....
#UKSteel #UKPOL #UKpolitics #Tariffs #GMB
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2hago 12.07 GMT Bridgnorth Aluminium operates the only fully integrated aluminium coil rolling plant in the UK and employs 330 people in Shropshire. The company sells 20% of its volumes into the US and says the introduction of aluminium and steel tariffs will create uncertainty and, potentially, makes the business less competitive than the current system of quotas and exemptions. Adrian Musgrave, head of sales at Bridgnorth Aluminium, said: 44 These tariffs add another dimension to the global uncertainty we are all currently dealing with. If there is no movement on the 25% rate it will make trading with the US more difficult for us as a business, but it could also cause supply and cost issues for firms in America too. For example, for a significant portion of our US sales, there is currently no US producer. This means there is no threat to domestic aluminium production, yet companies using our aluminium may soon be hit by rising costs.
What would we like to see? A deal between the UK and the US that removes tariffs all together or significantly reduces it from the 25% rate. This is something we are championing with the Department for Business and Trade and key manufacturing bodies, such as the Aluminium Federation, Confederation of British Metalforming and Make UK. We are grateful for the engagement of the UK government and the manufacturing associations, who are all lobbying hard on our behalf.
You're fucked lads, the US doesn't care what happens to you and nothing No 10 says or does will change that.
The only 'lobbying' that works in the US is bribery, you better have a whip around and see if you can bribe a US Senator....seriously.
#UKSteel #UKPOL #Ukpolitics #tariffs #Trump
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