Labour confident it can keep British Steel furnaces burning after taking control
Labour has expressed confidence that enough raw materials can be secured to keep British Steel’s blast furnaces running after the government seized operational control from its Chinese owners.Ministers said British Steel’s owners, China’s Jingye Group, had wanted to shut the furnaces at the Scunthorpe plant after they rejected a government funding proposal, which would have forced Britain to import steel instead.The government recalled parliament at the weekend – the first Saturday recall since the 1982 Falklands War – to give it powers to direct the company’s board and workforce and order raw materials.Jingye has not commented, but China called for fair treatment of its companies and resolution through consultation.Experts say the dispute has risked straining ties between London and Beijing, which Prime Minister Keir Starmer’s Labour government had sought to improve. The talks also come at a time when nations around the world are trying to deepen trading cooperation after the US tariff shock.British Steel needs to secure raw materials for its blast furnaces to prevent its Scunthorpe facility from shutting down irrevocably (Danny Lawson/PA) More
