Article 6NQFR China-owned British Steel said to have requested £600m of taxpayer support

China-owned British Steel said to have requested £600m of taxpayer support

by
Jasper Jolly
from World news | The Guardian on (#6NQFR)

Company is looking for help from next government to upgrade to less polluting technology

Chinese-owned British Steel has reportedly submitted a request for a package of taxpayer support worth 600m as it looks for assistance from the next government to upgrade to less polluting technology.

Government officials are due to review plans that set out the costs of switching from blast furnaces to electric arc furnaces at the company's steelworks in Scunthorpe, Lincolnshire, the Sunday Times reported.

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