british steel

As government races to keep blast furnaces operating, calls grow for Ministers to deliver promised strategy for modernising and decarbonising the UK steel industry

Trade body warns industry now 'officially in crisis' as Chinese-owner of British Steel rejects £500m green steel support package

Steel sector leaders, industry experts, trade unions, and devolved governments to work together to deliver an 'environmentally progressive industry'

Reports over weekend claim Labour government has 'signalled a new intent' to unlock investment in low carbon electric arc furnace production at British Steel site

Company expected to secure £500m support package to help curb emissions, but trade unions warn move could put 2,000 jobs at risk

BusinessGreen rounds up the most widely read stories on the site this week

Chinese-owned steelmaker considering shift to electric arc furnace technology at sites in Scunthorpe and Teesside if it can secure UK government support

Green Alliance argues British Steel and Tata Steel should transition half of production to electric arc furnaces to receive public subsidy

Funds will reportedly be contingent on Jingye and Tata Steel retaining workers and moving away from traditional blast furnace operations

But the steel producer and trade unions call for urgent action and policy support to develop low carbon steel production in the UK if climate goals are to be met