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Aid deal may keep Scunthorpe furnaces open after Christmas
The Guardian
|November 12, 2024
The owners of British Steel are expected to keep the blast furnaces at its Scunthorpe site running past Christmas amid talks over government support for its switch to less polluting technology.
The government is thought to be considering aid for British Steel at the same level or even higher than the £500m pledged to Tata Steel, which closed its two blast furnaces in Port Talbot in September.
In the summer, the GMB union warned that British Steel was considering plans which could have resulted in the two blast furnaces in Scunthorpe closing before Christmas.
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