Construction supply chains have been given a lifeline as the UK Government intervenes to keep British Steel and its blast furnaces running, amid efforts to secure the future of the steelmaker. Business and Trade Secretary Jonathan Reynolds visited Immingham on Tuesday (15th April) as raw materials – including crucial iron ore and coking coal – [...]
Steel production at British Steel in Scunthorpe site will continue following emergency legislation passed by the UK Government. The move came after the company’s owners, Jingye Group, confirmed their intention to shut down the site’s blast furnaces, despite ongoing discussions and a £500 million co-investment offer from the Government. The legislation grants temporary powers to [...]
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