British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
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.
Talks over a financial package for a steelmaker have reportedly stalled, raising concerns about the future of its operations ...
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 ...
Fears over the future of British Steel are mounting after the Chinese-owned company revealed that losses had spiralled to ...
British Steel has confirmed that "no final decision has been made" regarding suggestions that the company has brought forward plans to close its blast furnaces in Scunthorpe, making around 2,500 ...
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 ...
Thousands of steelworkers are set to be laid off just before Christmas after British Steel brought forward plans to close its blast furnaces in Scunthorpe. In a move unions say will be devastating for ...