Last UK blast furnaces days from closure as Chinese owners cut off crucial supplies

Britain's last blast furnaces just DAYS from closure after Chinese owners axe supply line

Britain's last blast furnaces just DAYS from closure after Chinese owners axe supply line - Britain's last blast furnaces are days away from closure after Chinese owners Jingye cancelled crucial raw material orders for the Scunthorpe site

Last UK blast furnaces days from closure as Chinese owners cut off crucial supplies

Jingye, the Chinese company that bought British Steel out of receivership in 2020, rejected a £500 million offer of public money as talks with the government broke down.

British Steel Faces Blast Furnace Closures

Via Metal Miner   Steel Industry leader British Steel is set to start consultations on permanently blowing down the operating blast furnaces at Scunthorpe. The move comes after the company failed to reach an agreement with the UK government on financial aid for conversion to green steelmaking. “Since 2020, the shareholder of British Steel, Jingye, has invested more than £1.2 billion [$1.55 billion] to maintain operations amid ongoing production …

British Steel could decide to shut Scunthorpe plant in days

British Steel's owner has cancelled coal and iron ore shipments to the Scunthorpe plant.

The son of the American president is convinced that the Chinese regime uses Western companies to take over American land. The French group denies.

Britain steels itself for closure

Scunthorpe Steel Works (via Alamy/ CP4AAT)Just what is it about steel-making? Almost every tinpot African dictator used to insist on having a steel furnace, as if it were some badge of manufacturing machismo, a proof that his country was going to join the big boys. We in the UK were much less distracted by such vainglorious projects, and over the years, domestic steel-making has shrunk almost to the point of irrelevance.Yet still it clings on. T…