British Steel Faces Blast Furnace Closures ...Middle East

OILPRICE - Economy
British Steel Faces Blast Furnace Closures
source : OILPRICE ( Middle East ) () 70
Via Metal Miner   Steel Industry leader British Steel is set to start consultations on permanently blowing down the operating blast furnaces at Scunthorpe. The move comes after the company failed to reach an agreement with the UK government on financial aid for conversion to green steelmaking. “Since 2020, the shareholder of British Steel, Jingye, has invested more than £1.2 billion [$1.55 billion] to maintain operations amid ongoing production instability and significant financial losses of around £700,000 [$906,400] a day,”…

Read More Details
Finally We wish PressBee provided you with enough information of ( British Steel Faces Blast Furnace Closures )

Apple Storegoogle play

Also on site :

Most viewed in Economy
Celebrated, then disparaged: mRNA’s promise is tarnished under Trump
Washington Post - before 8 hours & 33 minute
Weekend Tech Innovation Roundup June 14, 2025
Quartz - before 6 hours & 48 minute
IDC Report: Huawei Ranks No.1 in Global Wrist-Worn Market in Q1
PR Newswire - before 7 hours & 56 minute
Mit den MWCapital Awards werden die internationalen Technologieprojekte mit dem größten Einfluss auf die Nachhaltigkeit ausgezeichnet
PR Newswire - before 5 hours & 40 minute
Automakers Pivot to Hybrids as EV Sales Lag Behind Expectations
OILPRICE - before 4 hours & 44 minute
Platinum's Price Surge Continues to Defy Expectations
OILPRICE - before 2 hours & 58 minute
I robot per la pulizia delle piscine Beatbot vincono altri due premi di design globali
PR Newswire - before hour & 54 minute
Trump’s Nuclear Plan Faces Major Hurdles
OILPRICE - before 58 minute


Latest News

Trump’s Nuclear Plan Faces Major Hurdles

before 58 minute

I robot per la pulizia delle piscine Beatbot vincono altri due premi di design globali

before hour & 54 minute

Platinum's Price Surge Continues to Defy Expectations

before 2 hours & 58 minute

Automakers Pivot to Hybrids as EV Sales Lag Behind Expectations

before 4 hours & 44 minute

Mit den MWCapital Awards werden die internationalen Technologieprojekte mit dem größten Einfluss auf die Nachhaltigkeit ausgezeichnet

before 5 hours & 40 minute

Weekend Tech Innovation Roundup June 14, 2025

before 6 hours & 48 minute

IDC Report: Huawei Ranks No.1 in Global Wrist-Worn Market in Q1

before 7 hours & 56 minute

$75 billion firm wins carve-out in tax bill after lobbying push

before 8 hours & 16 minute

Celebrated, then disparaged: mRNA’s promise is tarnished under Trump

before 8 hours & 33 minute

Al-Mashat discusses economic and investment ties with UK ambassador

before 9 hours & 33 minute

South Africa: Seminar to Explore Leveraging of AfCFTA for Inclusive Development

before 11 hour & 58 minute

China's stalling tactics in response to Trump's policies

before 13 hour & 5 minute

nubia als Partner von Twitch Rivals auf der TwitchCon Europe 2025 - leidenschaftlicher Wettbewerb rund um das Motto „Born to Win"

before 19 hour & 27 minute

THE TECH INTERACTIVE ANNOUNCES TOTALLY RAD SUMMER LINEUP

before 20 hour & 31 minute

New AI Technology Aims to Revolutionize Battery Recycling

before 20 hour & 56 minute