Prime Minister Keir Starmer's announcement on Monday could see the UK fully nationalise the company in a bid to save the Scunthorpe steelworks.

FILE - A view of Tata Steel's Port Talbot steelworks in south Wales, Sept. 15, 2023. (Ben Birchall/PA via AP) (CN) — Indian steelmaker Tata has announced the closure of two major blast furnaces in the ...

The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week.

Workers, community leaders and political figures have cautiously welcomed news of the government's plans to nationalise British Steel. The steelworks, which employs around 2,700 people in Scunthorpe ...

Just days after Britain’s right-wing party Reform won a huge number of local government seats in Lincolnshire, home of the UK ...

Operator of blast furnace/basic oxygen furnace mill in England has started to consult on proposed closure of its steelmaking complex. “The difficult decision has been made to consult with employees ...

Keir Starmer’s plan for full state ownership marks latest chapter in Scunthorpe plant’s troubled history ...

The Chinese government is lobbying on behalf of Jingye Steel, urging the U.K. government to “act cautiously [and] safeguard the interests of Chinese enterprises." “This is an important first step to ...

British Steel is preparing to close the UK’s two last-remaining blast furnaces, after its Chinese owner earlier this week rejected a £500 million ($647 million) public rescue package for the ...

LONDON (AP) — The U.K. government said Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.” The announcement came amid ...

British Steel is initiating consultations to close its blast furnaces in Scunthorpe after negotiations with the UK government regarding financial aid for a transition to electric arc furnaces fell ...

DATES ASSIGNED to environmental targets often seem reassuringly—or complacently—distant. By 2050, the British government has promised, the country’s net emissions of greenhouse gases will be zero. Its ...