Fears over the future of British Steel are mounting after the Chinese-owned company revealed that losses had spiralled to ...
British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
The Chinese owner of British Steel is preparing to bring forward plans to close its blast furnaces in Lincolnshire as talks with the government over a £500mn state aid package to move to greener forms ...
British Steel had originally committed to keep the blast furnaces open while a new, more efficient electric-arc furnace was ...
Every 1,000kg of steel produced by a blast furnace results in the production of about 2,000kg of carbon dioxide. This falls ...
This looming defeat for workers without any fight organised by the unions illustrates how the union bureaucracy operates as ...
Talks over a financial package for a steelmaker have reportedly stalled, raising concerns about the future of its operations ...
British Steel has previously announced it would be building an electric arc furnace (EAF) as part of its decarbonisation plans, replacing the carbon-intensive blast furnaces at the Scunthorpe site.
British Steel is preparing to shut its blast furnaces in Scunthorpe by Christmas, putting 2,500 jobs at risk. It is understood the Chinese-owned company is in talks with the Government over plans ...