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The Latest Breaking News from Jingye

Talks continue to secure future of British Steel in Scunthorpe

The Business Secretary has held meetings with the Chinese owner.

Evening Standard

Why the UK government is not ruling out nationalising key British steel plant

The UK government has faced increasing pressure to preserve the country's own steelmaking industry, in order to reduce dependence on other countries for the metal.

Euronews

British Steel races against time as crisis talks end without deal

Lisa Nandy says commercial solution achievable amid fears plant running out of options to secure raw materials

The Guardian - UK

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UK government refuses to rule out nationalizing last plant in UK that makes steel from raw material

The British government is refusing to rule out nationalizing the last plant in the U.K. that makes steel from raw materials as the global trade war increases pressure to preserve the nation’s ability to supply domestic industry with the steel it needs

The Independent UK

Minister: No options off the table to secure steelmaking in Scunthorpe

Conservative MP Martin Vickers led calls in the Commons for the British Steel site to be nationalised on a temporary basis.

Evening Standard

‘It will cripple the town’: Scunthorpe ponders life after steel as 2,700 jobs at risk

Business owners say they are already struggling and furnace closures would make trading worse, but some residents say it’s time to move on

The Guardian - UK

Government urged to nationalise British Steel if deal cannot be reached

The company has reportedly rejected a £500 million Government offer to help its transition.

Evening Standard

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Clean energy superpower – and now defence superpower. Can the UK really be both?

The government’s plan to ramp up defence spending means relying on carbon-intensive industries – and those won’t be the only policy compromises they have to make

The Guardian - UK

British Steel closes plant after failing to get UK government help

More than 2,000 jobs are at risk as Britain's second-biggest steelmaker failed to get an agreement with the UK government to support further operations.

Euronews

Tariff-hit British Steel Confirms Plan To Shut Blast Furnaces

Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US President Donald Trump's tariffs on the sector were partly to blame for a decision which could cost up to 2,700 jobs.

International Business Times

British Steel plans to close Scunthorpe blast furnaces with 2,700 jobs at risk

Unions condemn proposals by China’s Jingye that will make UK only G7 country unable to make steel from scratchBusiness live – latest updates

The Guardian - UK

Government considering nationalising British Steel amid rescue efforts

It would mark an end to 36 years of private ownership after Margaret Thatcher passed the British Steel Act in 1988

The Independent UK

Ministers considering renationalising British Steel if rescue plan fails

Exclusive: Move would be last-ditch attempt to save thousands of UK jobs amid standoff with company’s Chinese owners

The Guardian - UK

Port Talbot: Labour’s deal for steel workers explained as 2,500 job losses announced

Labour has revised a deal drawn up by Conservative government but failed to prevent the thousands of job losses

The Independent UK

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The Guardian - UK

Labour’s plan for steel is a work in progress. Port Talbot was almost the easy part

The next crisis may be in Scunthorpe, where the owner of British Steel is reportedly threatening to close its blast furnaces

The Guardian - UK

British steel industry braces for 2,500 job cuts at Port Talbot in government deal

Details of taxpayer-funded rescue plan for Tata-owned south Wales plant are expected on Wednesday

The Guardian - UK

Questions raised over British Steel’s finances

Auditors sound warning about ability of firm of 4,500 staff to operate without new funds from Chinese owner Jingye

The Guardian - UK

Tata Steel to confirm shutdown of Port Talbot blast furnaces, sources claim

Move by Tata could put thousands of jobs in south Wales at risk and end more than a century of steelmaking

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The Guardian - UK

‘A golden opportunity’: Port Talbot fights to keep its steelmaking tradition alive

Tata’s plan for greener steel would see a four-year shutdown in Wales but unions and locals are adamant there is another way

The Guardian - UK

Iron resolve: steel town unites to fight for its furnaces

As Scunthorpe faces 2,000 job losses in a move to greener tech, MPs and unions fear for workers and a strategic UK industry

The Guardian - UK

British Steel owner preparing to cut as many as 2,000 jobs, report says

China’s Jingye Group said to be considering move as part of switch to using greener electric arc furnaces

The Guardian - UK

Welsh steelworks at breaking point over the cost of cleaning up its act

Time is running out in Port Talbot to decarbonise its operations: at stake is the supply chain for much of Britain’s construction and manufacturing sectors, along with thousands of jobs

Birmingham Post

250 jobs saved at British Steel but Scunthorpe's coke ovens will close

Alternative roles to be offered to avoid any compulsory redundancies following major strategic decision on Scunthorpe site

Birmingham Post

MP's extreme disappointment at Scunthorpe steel jobs threat amid support talks

British Steel has formalised initial redundancy talks with 260 roles identified as coke ovens set to close

Wales Online

British Steel set to axe up to 260 jobs with closure of coke ovens

The steelmaker said it was part of its drive to overcome global economic challenges and build a “green and sustainable future”.

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