Construction begins on high-profile project to replace coal fired blast furnace at South Wales steelworks with low carbon electric arc furnace
Trade body warns industry now 'officially in crisis' as Chinese-owner of British Steel rejects £500m green steel support package
High-profile plan to install electric arc furnace as replacement for shuttered coal-fired blast furnace at South Wales steelworks secured paving the way for construction this summer for delivery 2027
Memorandum of Understanding to see construction equipment giant supplied with low carbon steel from revamped Port Talbot plant
But experts warn UK is in danger of losing primary steel production capacity, while trade unions lament significant job losses
Around half of new steelmaking capacity looks set to come from electric arc technologies, according to a new analysis that suggests the transition towards green steel is gathering pace
National Grid confirms new connection offer to support installation of 3.2 million-tonne electric arc furnace
Widely expected announcement prompts calls for better 'just transition' planning and support for affected workers, as Labour slams government's failure to support development of green primary steel plants
Company expected to secure £500m support package to help curb emissions, but trade unions warn move could put 2,000 jobs at risk
Decarbonisation of steel will redefine supply chains, with 'metallic hubs' emerging in places with access to low carbon hydrogen resources, Wood Mackenzie predicts