Published by Michele Maatouk on 20th February 2025
(Sharecast News) - British Steel should get an extra £200m from the government to support it in keeping the UK's two remaining blast furnaces open until electric replacements are built, according to a proposal put forward by unions. Chinese-owned British Steel has said it will replace its polluting blast furnaces at Scunthorpe with electric arc furnaces, which can be used to make much cleaner, recycled steel. - Guardian