Race against time to keep Scunthorpe steel furnaces alive as raw materials to be delivered today
- British Steel workers at the Scunthorpe plant received assurance as vital raw materials arrived to keep the steelworks operational, allowing the furnaces to continue functioning for the coming weeks.
- Business Secretary Jonathan Reynolds confirmed shipments of iron ore pellets and coking coal from the US and Australia, resolving a previous legal dispute.
- Deputy Prime Minister Angela Rayner called the arrival of materials a crucial step for the future of British Steel and emphasized the importance of steelmaking for national security.
- Though the immediate future of the plant looks secure, long-term plans may involve nationalization as expressed by Business Secretary Jonathan Reynolds.
55 Articles
55 Articles
Sanjoy Sen: If Starmer wants to save British steelmaking, he should get that Cumbrian coal mine open
Sanjoy Sen is a chemical engineer. He contested Alyn and Deeside in the 2019 general election. Labour has just intervened to keep the British Steel Scunthorpe works going with further measures (including nationalisation) still on the table. Whilst Britain’s last blast furnaces remain lit for now, major challenges remain. Globally, steel companies face a daunting combination of falling demand, Chinese competition and ever-rising costs. Questions …
But what is Britain anyway?
The row over Chinese investment in British Steel opens up a whole can of worms for the Matts. How does an astroturf football pitch in Copenhagen, Argentinian Che Guevara and a steelworks in Scunthorpe all add to the debate? Only one way to find out … listen! Also this week - congratulations to Douglas Murray, […]
British Steel sources materials from US to keep furnaces running - Washington Examiner
British Steel is turning to the United States to save U.K. steel production after the government passed an emergency law to seize control of the company. Officials accused its Chinese-owned parent, Jingye, of planning to shut down the furnaces. The British government took control of the company to protect the United Kingdom’s ability to produce virgin steel. London has since scrambled to acquire materials to reinvigorate the company, turning to …
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