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british steel raw materials needed for scunthorpe plant paid for amid race against time to avert shutdown
govt confident enough raw materials secured to keep blast furnaces going after british steel rescue
From coking coal to the ‘four queens’, here’s what you need to know about workings of UK’s last two blast furnaces
British Steel is scrambling to find enough raw materials to keep steel production going at Scunthorpe, after the government took control of the plant on Saturday.
If the materials do not arrive in time then the end of production at at least one of the steelworks’ two blast furnaces could come within days.
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.