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Thousands of jobs at risk as British Steel consults unions over closure

  • British Steel announced plans to close its two blast furnaces and steelmaking operations in Scunthorpe, putting between 2,000 and 2,700 jobs at risk due to financial unviability.
  • The Chinese owner Jingye cited daily losses of around £700,000 and blamed market conditions and tariffs for the struggles.
  • Community union General Secretary described the situation as a "dark day for our steel industry and for our country," urging negotiations with Jingye and the government.
  • Business and Trade Secretary Jonathan Reynolds expressed ongoing efforts to secure a future for U.K. Steelmaking, affirming there is a "bright future for steelmaking in the U.K.".
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iNews broke the news in London, United Kingdom on Thursday, March 27, 2025.
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