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Emergency Powers: U.K. Government Takes Control of British Steel
04/14/2025 - In an emergency session on Saturday, U.K. Parliament passed legislation to prevent Chinese-owned British Steel’s Scunthorpe plant from shutting down its blast furnaces and ending primary steel production in the U.K., The Guardian reported.
U.K. business secretary Jonathan Reynolds has been granted emergency powers that allow him to order British Steel to buy the raw materials it needs to remain in operation while the government pays for running costs. This includes iron pellets and coking coal within the next two weeks, or the furnaces might cool to the point where it’s both difficult and not cost-effective to bring them back on-line, reported The Guardian.
“Where we are at the moment is that we're confident that the deal being done with the raw materials, and the steps being taken will get there on time, and ultimately that has the potential to preserve the future for the plant,” said Andy Prendergast, U.K. national secretary of the GMB Union.
Officials from the Department for Business and Trade (DBT) and British Steel staff will work together to bring materials onto the site, reported the Independent.
You can read more here.
“Where we are at the moment is that we're confident that the deal being done with the raw materials, and the steps being taken will get there on time, and ultimately that has the potential to preserve the future for the plant,” said Andy Prendergast, U.K. national secretary of the GMB Union.
Officials from the Department for Business and Trade (DBT) and British Steel staff will work together to bring materials onto the site, reported the Independent.
You can read more here.
