03
Jul
09:51
Celsa UK secures government loan to continue trading
The UK government has provided an emergency loan to Celsa Steel (UK) Ltd to allow the company to continue trading. The agreement safeguards over 1,000 jobs, including more than 800 positions at the company’s main sites in South Wales.
As part of the loan, which is expected to be repaid in full, the company must meet a series of legally-binding conditions. These include commitments to protect jobs, climate change and net zero targets, improved corporate gover…
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Anonymous
Very good overview of the weekly steel market.
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