The short-term future of Scunthorpe steelworks has been guaranteed as British Steel has secured a five-year contract worth £500m to supply train tracks for Network Rail. In April, the UK Government ...

The same fate has befallen industrialist Sanjeev Gupta. Once nicknamed the “saviour of steel”, his Speciality Steels UK ...

The government of the United Kingdom has stepped in to keep a steelmaking complex in Scunthorpe, England, operating. U.K. Prime Minister Keir Starmer (third from left) met with British Steel workers ...

The UK government passed a law allowing it to take control of British Steel to prevent the closure of blast furnaces and ensure continued steel production. The intervention followed plans by Chinese ...

The government said the owner of the British Steel complex in Scunthorpe, the Chinese company Jingye, was prepared to cancel orders for the raw materials needed to keep its blast furnaces burning, a ...

The Government made the move to direct the company when Parliament was recalled to pass emergency legislation ...

The partnership between Network Rail and British Steel builds upon a longstanding relationship, with the Scunthorpe plant. Credit: Baxter Media/Shutterstock. Network Rail has signed a £500m ($678.8m) ...

THE TONE has been breathless and nostalgic. On April 12th MPs were recalled from their Easter recess, a move typically reserved for wars and other national crises, to prevent the closure of the ...