British Steel to close furnaces, putting 2,000 jobs at risk
Steel

British Steel to close furnaces, putting 2,000 jobs at risk

British Steel plans to close its blast furnaces in Scunthorpe, putting up to 2,000 jobs at risk. China's Jingye Group, which owns the firm, unveiled proposals to replace the coal-fired blast furnaces in Scunthorpe with green alternatives as part of a £1.25 billion decarbonisation dri...

British Steel plans to close its blast furnaces in Scunthorpe, putting up to 2,000 jobs at risk. China's Jingye Group, which owns the firm, unveiled proposals to replace the coal-fired blast furnaces in Scunthorpe with green alternatives as part of a £1.25 billion decarbonisation drive. Between 1,500 and 2,000 jobs could be axed, apart from the 3,000 roles already under threat at rival Tata Steel. The blast furnaces are to be replaced with two electric arc furnaces, one at British Steel's HQ in Scunthorpe, Lincolnshire, and another at its Teesside manufacturing site. Totally 5,000 jobs will be axed following proposals by British Steel and Tata Steel. Contact: British Steel Website: www.britishsteel.co.uk

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