British Steel: Jingye Group
The question
To ask the Secretary of State for Business and Trade, what recent progress his Department has made in its negotiations with Jingye over British Steel.
Answered by Chris McDonald
There are approximately 3,000 workers at British Steel’s Scunthorpe site. British Steel remains owned by Jingye and HM Government’s powers to intervene under the Steel Industry (Special Measures) Act 2025 are designed to maintain steelmaking and avoid a disorderly closure of the blast furnaces.
We are in discussions with the owner, which remain confidential, to find a pragmatic and realistic solution.
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