Stainless Steel and Aluminium price hikes are on their way
We have been advised by our material supplier of significant price increases in Aluminium and Stainless Steel to hit at the end of July. Prices are expected to continue to rise for a further two to three months. With the EU exit affecting the value of the pound against both the euro and the dollar, this has caused prices on both Aluminium and Stainless Steel to rise sharply this month. Coupled with this, there has been a big spike in the value of Nickel and, as this makes up
Tata Steel could be nationalised despite Brexit delays
The Government is still considering nationalising Tata Steel if no buyer is found. Read more
Sale of Tata UK steel business on hold
The sale of Tata Steel's UK business is on hold as the company considers a European tie-up, creating further uncertainty for British steelworkers. Read more