There are rumours that employees will be given notice very soon, Conservative MP Martin Vickers says.
British Steel says it will close its two blast furnaces at Scunthorpe as part of a decarbonisation plan
As part of a £1.25bn decarbonisation plan announced in November, British Steel’s owner, Jingye, said it would close the plant's two blast furnaces and replace them with a greener electric arc furnace. The money would sit alongside a separate £500m package for Tata Steel in Port Talbot, South Wales, to build an electric arc furnace to replace the existing coal-powered process.Ms Jones said the previous administration had spent over a decade "lurching from crisis to crisis, with no clear plan to safeguard the future of a competitive domestic steel industry".
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