British Steel Future in Doubt 2,700 Jobs at Risk
China-owned British Steel has announced plans to shut down its two blast furnaces, potentially leading to the loss of up to 2,700 jobs. The company cited “highly challenging market conditions,…
British Steel to Shut Blast Furnaces—Thousands of Jobs at Risk
British Steel, owned by China’s Jingye Group, has confirmed plans to shut down its blast furnaces and other operations in England, citing financial strain caused by tariffs, challenging market conditions,…