Union Electric Steel, a subsidiary of Ampco-Pittsburgh Corporation, has announced its decision to cease operations in the UK by Spring 2026. The decision follows a thorough analysis of the company's long-term viability in the UK market, considering economic pressures and global demand shifts. Despite consultations with employees, unions, and government departments, the company faced unsustainable financial losses due to high energy costs, lack of demand, and increased competition from low-cost imports. The closure aims to secure the future of the company's remaining operations globally. Union Electric Steel has expressed gratitude to its employees and customers and plans a phased approach to fulfill existing orders, while continuing support through its operations in the US, Sweden, Ravne, and a joint venture in China. The closure is pending final board approval, with further updates to follow.
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