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Posco Future M Company, the battery materials subsidiary of South Korean steel and chemicals group Posco Holdings Inc, announced that it has signed a battery materials supply deal with a Japanese ...

Trade Secretary Jonathan Reynolds said that the Tata Steel plant in Port Talbot does not meet “melt and pour” rules needed to get exemptions from Donald Trump’s steel tariffs over the line.

British Steel has secured a five-year contract worth £500m to supply train tracks for Network Rail, in a move which could help safeguard the short-term future of the Scunthorpe steelworks.

The executive order signed by Mr Trump suggests the US wants assurances on the supply chains for steel intended for export, as well as on the “nature of ownership” of production facilities.