British Steel to replace Scunthorpe furnaces, putting jobs at risk
by Jasper Jolly from World news | The Guardian on (#6G56T)
Blast furnaces to make way for greener electric arc models in about three years' time
British Steel is expected to announce plans today to replace two blast furnaces in Scunthorpe, in a move that would further reshape the UK steel industry and could eventually threaten the jobs of up to 2,000 steelworkers.
The company, owned by China's Jingye, is expected to inform workers that the blast furnaces will be replaced by greener electric arc models, at a meeting on Monday, according to people briefed on the plans.
Continue reading...