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...Industry and government figures said talks were continuing and that an agreement could still be struck by the summer. Two people close to the situation said Jingye would soon submit a full proposal....
...Arc’teryx apparel brand owner Amer Sports raised less money than hoped in the largest US initial public offering since October, in the latest sign of investor caution amid a tentative reopening in the market...
...However, the industry outlook is under increased scrutiny since Nike announced $2bn of cost cuts last month, sending its stock down more than 10 per cent....
...Electric arc plants use scrap steel, of which Britain has a surplus....
...“Steelworkers now have a chance to be a part of history and to take a stand to protect our vital steel industry,” he said....
...The challenge for the steel industry will be to ensure enough scrap steel is available as input material for more electric arc furnaces....
...The company announced in January a consultation on its proposals to invest £1.25bn to build a state of the art electric arc furnace, which Tata has said would secure steelmaking in the UK....
...Electric arc furnaces, which melt down scrap steel, are less carbon intensive but also much less labour intensive. Tata said it expected the electric arc furnace to be operational by 2027....
...But some media executives fear that the rest of the Arc conference, whose sessions included discussion of fringe, right-leaning ideology, was a more telling demonstration of where his politics lie....
...The switch to electric arc furnaces ought to be an important part of the puzzle, but not the final step....
...Some industry experts believe the UK should consider building “direct reduced iron” plants in combination with electric arc furnaces....
...Tata plans to replace them with one electric arc furnace, which uses a less labour-intensive process to make steel from scrap....
...Is the steel industry on track to meet its net zero climate targets? We have seen, in the last few years, a lot more progress from the industry. But overall, no, the industry is not on track....
...They want Tata to consider closing the blast furnaces only once the electric arc ones are already in place....
...The scene in question, shot in 2001 for the second film in the franchise, sees the Hogwarts Express steam its way over the painterly arc of the Glenfinnan Viaduct pursued by Harry and his mate Ron in a flying...
...The Indian company is to close its coal-burning blast furnaces in the Welsh town of Port Talbot — which will come with the loss of 2,800 jobs — and replace them with far less carbon-intensive electric arc...
...The economy of Pittsburgh, Pennsylvania, has grown far beyond its steel industry roots....
...Marshall’s growing media interests are more about influence than financial gain, says industry analyst Claire Enders....
...Italy’s industry association has called for subsidies to support the steel mill formerly known as Ilva....
...Europe’s abundance of coal has so far discouraged its steel industry from transitioning to electric arc furnaces, a method that makes up around 70 per cent of US steel output and mostly uses scrap metal...
...“There is no possibility of creating an Arc’teryx or Wilson with the branding power of Chinese companies today....
...And then it kind of depicts the arc of Galliano in the industry....
...“Putting all our eggs in the electric arc basket will come at the cost of thousands of jobs, our economic security, and the independence of our industry,” said Alasdair McDiarmid, assistant general secretary...
...to less carbon-intensive electric arc furnaces....
...It tends to host companies in high-margin industries and has a leading position in agricultural science....
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