US EditionParliament Approves Emergency Powers to Seize Control of British Steel
- The U.K. Government took control of British Steel after lawmakers approved an emergency rescue on Saturday. The legislation prevents Jingye Group from closing key blast furnaces at the Scunthorpe plant, which is essential for steelmaking.
- Business Secretary Jonathan Reynolds has been given the authority to direct the company, ensuring 3,000 workers are paid and raw materials ordered to operate the furnaces.
- Prime Minister Keir Starmer visited steelworkers and highlighted the importance of their jobs, stating, 'It’s your jobs, your lives, your communities, your families.'
- The government intervened to prevent the closure of Scunthorpe's blast furnaces, which are vital for steel production, as Jingye was set to cancel essential orders.
328 Articles
328 Articles
UK Parliament Intervenes to Save British Steel
Via Metal Miner The UK Parliament recently passed a law allowing the government to take control of British Steel, a major player in the local steel industry. The move follows Chinese owner Jingye’s plans to shut down two operating blast furnaces at its Scunthorpe site. A Bold Move Towards UK Steel Industry Preservation The House of Commons, Parliament’s lower chamber, was recalled from its Easter break on April 12 to pass a bill that would preve…
Malay Mail
AlKhaleej Today‘Ghost town’ fears loom over UK steel town as plant faces uncertain future
LONDON, April 16 — “This is the best three weeks I’ve ever had,” steelworker Kian Hopkins told AFP of his new job at a Scunthorpe plant, even though locals fear it may be closed turning their home into a “ghost town”. Smeared in soot, 18-year-old Hopkins said after his shift at the British Steel plant: “I shovel and all that lot, it’s amazing. It’s hard work but it makes your day go faster... when you get your paycheck.” However, he added that i…
With an emergency law, the British Parliament paved the way for the rescue of the Scunthorpe steelworks on Saturday.
A Crisis at a British Steel Mill Has Cast a Shadow Over U.K.-China Relations - Overpasses For America
Britain has sent a parade of senior officials to China this year, part of a calculated charm offensive to thaw out relations with a country that looms large in a world order upended by the United States under President Trump. But an emergency move by the British Parliament last weekend to take control of a Chinese-owned British steel mill has struck a discordant note amid all the diplomacy. And it could raise deeper questions about Prime Ministe…
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