British Steel News

British Steel Reverses Decision: 2,700 Jobs Saved as Furnaces Stay Operational

British Steel Ltd. reverses its decision to close two blast furnaces in Scunthorpe, saving 2,700 jobs, following UK government intervention. The company has secured raw materials f...

British Steel Reverses Decision: 2,700 Jobs Saved as Furnaces Stay Operational

British Steel Ltd. reverses its decision to close two blast furnaces and cut 2,700 jobs following UK government intervention. The company has secured raw materials for short-term o...

British Steel Reverses Decision on Furnace Closures and Job Cuts Amid Government Intervention

British Steel Ltd. has decided to keep two blast furnaces in Scunthorpe, UK, and halt plans to cut 2,700 jobs, following the UK government's emergency bill to protect the company. ...

British Steel Reverses Decision: Furnaces to Remain Open, Saving 2,700 Jobs Amid Government Intervention

British Steel Ltd. reverses its decision to close two blast furnaces in Scunthorpe, UK, saving 2,700 jobs after UK government intervention. The company has secured raw materials to...

Emergency Session Called: UK MPs to Debate Future of British Steel's Scunthorpe Plant Amid Closure Rumors

UK lawmakers are convening an emergency session to discuss the future of British Steel's Scunthorpe plant amid rumors of government takeover, following the Chinese owner's statemen...

UK Lawmakers Convene Emergency Session to Save British Steel's Scunthorpe Plant

UK lawmakers are holding an emergency session to discuss the future of British Steel's Scunthorpe plant, amid rumors of government takeover following the Chinese owner's statement ...

British Steel Faces Tough Decisions: Potential Closure of Two Furnaces Puts 2,500 Jobs at Risk

British Steel Limited, owned by Jingye Group, may shut down two blast furnaces in Scunthorpe due to financial unsustainability, risking 2,500 jobs. Despite over £1.2 billion in inv...