Thirty-five years after the Soviet military began departing Czechia's Milovice Air Base, armored hangars that once held MiG ...
China-owned British Steel said it could close its two blast furnaces as soon as June with the potential loss of up to 2,700 ...
Its Chinese owner earlier this week rejected a £500 million ($647 million) public rescue package for the loss-making ...
“The difficult decision has been made to consult with employees and to consider proposals to close the blast furnaces and steelmaking operations and reduce rolling mill capacity,” says British Steel.
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US President Donald Trump's tariffs on the sector were partly to blame for a ...