The government of the United Kingdom has stepped in to keep a steelmaking complex in Scunthorpe, England, operating.

According to the SMM survey, as of April 23, the operating rate of blast furnaces in 242 steel mills surveyed by SMM was 88.58%, up 0.8 percentage points WoW.

The UK Parliament passed legislation to take control of British Steel, preventing the shutdown of blast furnaces and securing ...

British Steel has announced that it will keep its two Scunthorpe blast furnaces running and end consultation on redundancies ...

Up to 2,700 jobs were under threat at the company when the consultation on the closure of Scunthorpe's blast furnaces and ...

According to the SMM survey, as of April 23, the operating rate of blast furnaces in 242 steel mills surveyed by SMM was 88.58%, up 0.8 percentage points MoM. The capacity utilization rate of blast ...

Turning off the furnaces would be a "complex, costly nightmare the government wants to avoid", Sky News science correspondent Thomas Moore says.

Britain was edging closer to China, but a dispute at a Chinese-owned steel company in the U.K. may prompt a rethink.

Even its strongest argument, national security, needs closer scrutiny ...

Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend, the cause was not a war or terror attack – but the ...

He suggested the company’s ultimate plan had been to close the blast furnaces, but keep hold of the more profitable steel mills and supply them by importing steel from China. But he declined to ...