Deputy PM 'confident' furnaces will continue firing
Video Credit: ODN - Duration: 00:46s - Published
Deputy PM 'confident' furnaces will continue firing
Deputy Prime Minister Angela Rayner confirmed that the government has secured the raw materials needed to keep Scunthorpe steel plant going.
It comes as the government stepped in over the weekend to take it over from Chinese company Jingye after it threatened to shut down one of the furnaces today.
"We've got the raw materials, they've been paid for and we're confident that the furnaces will continue to fire," Ms Rayner said.
Report by Kennedyl.
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Raw materials secured by the Government have arrived in the UK to keep British Steel blast furnaces burning after a race to save the companyās Scunthorpe plant. Ministers have taken control of the firm to ensure supplies such as coking coal and iron ore reach the site after talks with its Chinese owner, Jingye, broke down. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Industry minister Sarah Jones says the government would prefer to find a private sector partner to manage the steelworks in Scunthorpe ā but refuses to rule out the involvement of another Chinese firm. Speaking on the day a shipment of raw supplies is due to arrive at the plant, Jones also defended the governmentās support package, saying the Ā£2.5 billion fund will help ensure the siteās future and avoid even higher costs from closure and job losses. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nigel Farage has backed calls for the nationalisation of the British steel industry as the government races to keep the furnaces burning. The Reform UK leader referred to British Steelās Chinese owner Jingye as "bad faith actors" and said the steel plant should be taken over by a private business.
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