Thousands of jobs at risk as British Steel threatens closure
British Steel is launching a consultation that could see the closure of its two blast furnaces at Scunthorpe, putting up to 2,700 jobs at risk out of a workforce of 3,500. The company said the blast furnaces were "no longer financially sustainable" due to tough market conditions, the imposition of tariffs and higher environmental costs.
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British Steel says it is planning to close its two blast furnaces and steelmaking operations in the north England town of ...
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