News :Scunthorpe

Firm in race against time to get key materials as business secretary says no guarantee it will get what it needs

British Steel is to deploy emergency measures in a race against time to save the blast furnaces at Scunthorpe, as the business secretary refused to guarantee the plant could get what it needed in time.

The company is understood to be looking at offers of help from more than a dozen businesses to obtain materials such as iron ore and coking coal, potentially allowing it to avoid the temporary shutdown of one of the two furnaces.

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Lisa Nandy says solution achievable amid fears furnaces are running out of options to secure raw materials

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Crisis talks between the government and the Chinese owner of British Steel have ended with no deal in place, as the Scunthorpe plant races against time to secure the raw materials needed to keep its blast furnaces running.

Jingye, which promised a “new chapter” in UK steelmaking when it rescued British Steel in 2020, said last month the site’s two blast furnaces were no longer financially sustainable, raising fears for the future of 2,700 workers.

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