International Paper has revealed plans to shut down five packaging sites across the UK, driven by tough market conditions and rising operational costs. This decision affects multiple locations and marks a significant turning point for the regional packaging industry
China has taken a bold step by imposing tariffs on plastic imports from the US, EU, Taiwan, and Japan, citing concerns over dumping practices. This move signals a dramatic escalation in trade tensions as Beijing seeks to safeguard its domestic industry amidst the backdrop of ongoing global trade disputes
The UK government has stepped in to support British Steel, a bold move designed to breathe new life into the struggling mill. This intervention highlights just how vital the steel industry is to our economy and job market, especially as it faces ongoing challenges.
A recent study highlights that Japan’s scrap metal supply can effectively support the country’s electric arc furnace (EAF) sector. This shift towards increased recycling could enhance sustainability while bolstering domestic steel production capabilities.
