British Steel

Latest News

British Steel Announces EAF Conversion

07 November 2023 - British Steel has unveiled a GBP1.25 billion plan to decarbonize its steelmaking process by converting to electric arc furnace (EAF) steelmaking.

Report: U.K. Looks to Provide Support to British Steel, Tata Steel UK

23 January 2023 - The U.K. government reportedly is considering GBP600 million in financial support for its two biggest steel producers to help them convert to low-CO2 processes.

British Steel Prepares to Commission Billet Caster

13 January 2023 - Long products maker British Steel is preparing to commission a GBP54 million billet caster this spring, the company reports.

British Steel Turns to Danieli for Wire Rod Mill Improvement

16 December 2022 - British Steel has ordered intelligent guides from Danieli Morgårdshammar Guide Systems for its 4-strand wire rod mill in Scunthorpe, England, the equipment manufacturer reports.

British Steel Expands Structural Section Offerings

21 October 2022 - The company has added 71 beams and columns to its Advance® structural sections product line, which are geared toward the construction sector.

British Steel Will Continue Supplying Network Rail in Renewed Contract

12 May 2022 - British Steel has extended their contract with Network Rail until March 2024. By the time the contract concludes, British Steel’s Scunthorpe headquarters will have supplied more than 1 million tons of rail in a decade to Network Rail.

New Green Hydrogen Plant Project to Support British Steel’s Decarbonization

14 March 2022 - Last week British Steel Ltd. celebrated the launch of a hydrogen electrolyzer plant project near its Teesside, U.K., steel works that will eventually provide the steelmaker with a local source of renewable green hydrogen for net-zero steel production.

British Steel Pledges to Go Net-Zero

08 October 2021 - British Steel announced yesterday its commitment to delivering net-zero steel by 2050 and significantly reducing its CO2 emissions intensity by 2030 and 2035.

British Steel Unveils Its Single-Largest Investment in More Than 30 Years

26 August 2021 - Yesterday the steelmaker announced a £100 million investment by Jingye Group, which includes a £26 million project for new downstream processing facilities at its Skinningrove site.

British Steel, University of Sheffield Embark on Rail R&D Partnership

12 November 2020 - To enhance its range of rail products, long products maker British Steel is entering into a multi-million-pound research and development program with engineers at the University of Sheffield.

Jingye Finalizes Purchase of British Steel

09 March 2020 - The Chinese steelmaker on Monday closed on its acquisition of British Steel’s facilities in the U.K. and the Netherlands, securing approximately 3,200 jobs.

Jingye Group Ready to Finalize Conditional Acquisition of British Steel

03 March 2020 - China’s Jingye Group is set to finalize its planned acquisition of British Steel and expects to close on at least a part of the business next week, the company said on Tuesday.

Jingye Steel Enters Agreement to Buy British Steel

13 November 2019 - China’s Jingye Group has struck an agreement to acquire long steel manufacturer British Steel Ltd., ending months of uncertainty about its future.

Report: Chinese Steelmaker Closes in on Outline Agreement to Buy British Steel

07 November 2019 - China’s Jingye Group is said to be at the top of the list to buy the U.K.’s second largest steel producer and could strike a deal in the coming week, according to reports.

A Window Closes For One British Steel Bidder, But Opens for Others

28 October 2019 - Officials from China’s Jingye Group are to visit British Steel this week after the company’s court-appointed receiver and the preferred bidder failed to reach a sales agreement during a 10-week exclusivity period, reports the (London) Financial Times.