The UK government, facing challenges with British Steel's Chinese ownership, has secured essential raw materials to keep the Scunthorpe furnaces operational in the short term. Minister of State for Industry, Sarah Jones, refrained from dismissing the prospect of another Chinese company taking over British Steel. As the government scrambles to ensure the long-term future of the Jingye-owned facility, concerns grow over the willingness of current owners to invest in its sustainability while ensuring continued operations amid political scrutiny.
I'm not going to say yes or no to anything that isn't on the table.
Ministers have secured raw materials needed to keep British Steel furnaces in Scunthorpe alive.
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