British Steel
| Use attributes for filter ! | |
| Ceased operations | October 6, 1999 |
|---|---|
| Headquarters | London |
| United Kingdom | |
| Successor | Tata Steel Europe |
| Founded | 1967 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2333535 |
About British Steel
British Steel plc was a major British steel producer. It originated from the nationalised British Steel Corporation, formed in 1967, which was privatised as a public limited company, British Steel plc, in 1988. It was once a constituent of the FTSE 100 Index.
British Steel to shut furnace putting up to 2,000 jobs at risk
...British Steel plans to close down its blast furnace in Scunthorpe, putting up to 2,000 jobs at risk...
Steel industry fears more job cuts without help
... Gareth Stace, director general of industry body UK Steel, said British Steel s decision to axe 260 jobs could be the start of a trend in the sector...
British Steel plans to close ovens and cut 260 jobs
...British Steel has said it is planning to close its coking ovens in Scunthorpe which could result in the loss of up to 260 jobs...
British Steel considering 800 job cuts in Lincolnshire
...British Steel is considering 800 job cuts centred on its Scunthorpe plant, the BBC understands...
Government to offer £600m for green steel switch
... The funding for British Steel and Tata Steel UK is likely to be unveiled by the Chancellor, Jeremy Hunt, this week...
UK steel industry a whisker away from collapse - Unite
... Writing to Mr Shapps on behalf of two other unions as well - Community and GMB - Mr Turner said the challenges faced by manufacturers like British Steel, Tata Steel, and were the consequences of " direct actions by your government that have...
UK poised to give £300m in rescue funding to British Steel
...Chancellor Jeremy Hunt is poised to grant a £300m funding package for struggling British Steel, the BBC has been told...
Steel import tariffs extended for two years
... British Steel producers are under pressure from soaring energy prices...
British Steel to shut furnace putting up to 2,000 jobs at risk
British Steel plans to close down its blast furnace in Scunthorpe, putting up to 2,000 jobs At Risk .
The Business , owned by China's Jingye Group, wants to replace it with two electric arc furnaces (EAFs) - One at Scunthorpe And One at Teesside.
The construction is expected to take between two and three years.
British Steel said it aimed to transform The Firm into a " green and sustainable company" and had to look at different scenarios to help it do this.
Unions estimate The Shift could ultimately lead to The Loss of 1,500 to 2,000 jobs, predominantly at Scunthorpe.
Sources at The Department for Business say the proposals are part of a plan, involving a package of taxpayer support of up to £500m for British Steel which mirrors a package agreed for rival Tata.
Government sources said that these plants are not economic - They are losing £1m A Day according to the Government - are not " green" and are therefore unsustainable on financial and environmental grounds.
Related TopicsSource of news: bbc.com
