Abstract
The two blast furnaces at British Steel’s Scunthorpe plant in England are the last of their kind in the UK. The UK steel industry was once a world leader, powering the industrial revolution. But these days it is in crisis.
The Chinese owner of the plant, Jingye Group, stopped ordering the raw materials needed for steel production and recently announced the furnaces would close down for good. Around 2,700 jobs are at risk at the plant – which is reportedly losing £700,000 a day.
In response, the UK government introduced emergency powers to take control of production in a scramble to stop the furnaces from going cold. But its future remains uncertain...
The Chinese owner of the plant, Jingye Group, stopped ordering the raw materials needed for steel production and recently announced the furnaces would close down for good. Around 2,700 jobs are at risk at the plant – which is reportedly losing £700,000 a day.
In response, the UK government introduced emergency powers to take control of production in a scramble to stop the furnaces from going cold. But its future remains uncertain...
Original language | English |
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Specialist publication | The Conversation |
Publication status | Published - 15 Apr 2025 |