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Chinese-owned group will start consultation with workforce but unions call move ‘devastating’Business live – latest updatesBritish Steel plans to close its two blast furnaces and steelmaking operations in Scunthorpe, in a move that puts up to 2,700 jobs at risk and that unions described as “devastating”.British Steel, which is owned by China’s Jingye, said it would immediately start consultations with its workforce and unions on redundancies stemming from the planned closure of the blast furnaces and steelmaking alongside a reduction of steel rolling mill capacity. Continue reading…
Chinese-owned group will start consultation with workforce but unions call move ‘devastating’
British Steel plans to close its two blast furnaces and steelmaking operations in Scunthorpe, in a move that puts up to 2,700 jobs at risk and that unions described as “devastating”.
British Steel, which is owned by China’s Jingye, said it would immediately start consultations with its workforce and unions on redundancies stemming from the planned closure of the blast furnaces and steelmaking alongside a reduction of steel rolling mill capacity.
