British Steel could decide to shut Scunthorpe plant in days
Source: BBC
Decisions taken within the next few days will determine whether British Steel's Scunthorpe plant stays open, the BBC understands.The plant's Chinese owner, Jingye, has cancelled two cargo shipments of coking coal for the site's two blast furnaces and it has not yet paid for iron pellets that are scheduled to arrive next week.Without coal and iron ore, the blast furnaces will shut down within weeks.Last week…
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