Production Archives - Construction & Civil Engineering magazine https://ccemagazine.com/news/tag/production/ Tue, 15 Oct 2024 08:06:04 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://ccemagazine.com/wp-content/uploads/sites/11/2022/10/cce-150x150.png Production Archives - Construction & Civil Engineering magazine https://ccemagazine.com/news/tag/production/ 32 32 UK Steel Industry at Risk: Global Oversupply and Imports Surge Threaten Jobs https://ccemagazine.com/news/uk-steel-industry-at-risk-global-oversupply-and-imports-surge-threaten-jobs/ Tue, 15 Oct 2024 08:06:03 +0000 https://ccemagazine.com/?p=14799 The UK’s steel sector is facing a critical crisis as global overproduction threatens domestic producers. With an estimated 543 million tonnes of excess capacity in 2023, steel markets worldwide are flooded with supply from state-subsidized industries in Southeast Asia and the Middle East.

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]]> The UK’s steel sector is facing a critical crisis as global overproduction threatens domestic producers. With an estimated 543 million tonnes of excess capacity in 2023, steel markets worldwide are flooded with supply from state-subsidized industries in Southeast Asia and the Middle East. China, the world’s largest steel producer, is expected to export 100 million tonnes in 2024 alone—enough to…

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