Race to keep blast furnaces on at Scunthorpe steel plant
Video Credit: ODN - Duration: 00:34s - Published
Race to keep blast furnaces on at Scunthorpe steel plant
The government and British Steel are working to secure the raw materials needed to keep two blast furnaces on, in a race against time to avoid a permanent shutdown of Britain's last primary steelmaking plant.
Treasury minister James Murray said the government is doing "everything we can" to keep the furnaces burning at British Steel's Scunthorpe site.
Report by Kennedyl.
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After a dramatic weekend with ministers passing legislation to wrest control of British Steel from its Chinese owners, Labour's China policy is under the.. Sky News
Nigel Farage says Chinese firms should have no role in UK infrastructure after ministers took control of British Steel. The government acted over the weekend amid fears its Chinese owner planned to shut Scunthorpeâs furnaces. Farage said China is ânot a friend of oursâ and warned the UK must âfind alternativesâ even if it means less investment. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jonathan Reynolds says he is âdelightedâ vital raw materials have arrived to keep the blast furnaces operating at British Steelâs plant in Scunthorpe. Speaking at nearby Immingham Port, the business secretary also hinted at concerns over future Chinese involvement in the steelworks following a clear âdifference of opinionâ with its previous owners. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Raw materials secured by the Government have arrived in the UK to keep British Steel blast furnaces burning after a race to save the companyâs Scunthorpe plant. Ministers have taken control of the firm to ensure supplies such as coking coal and iron ore reach the site after talks with its Chinese owner, Jingye, broke down. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Industry minister Sarah Jones says the government would prefer to find a private sector partner to manage the steelworks in Scunthorpe â but refuses to rule out the involvement of another Chinese firm. Speaking on the day a shipment of raw supplies is due to arrive at the plant, Jones also defended the governmentâs support package, saying the ÂŁ2.5 billion fund will help ensure the siteâs future and avoid even higher costs from closure and job losses. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Deputy Prime Minister Angela Rayner confirmed that the government has secured the raw materials needed to keep Scunthorpe steel plant going. It comes as the government stepped in over the weekend to take it over from Chinese company Jingye after it threatened to shut down one of the furnaces today. "We've got the raw materials, they've been paid for and we're confident that the furnaces will continue to fire," Ms Rayner said. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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