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British Steel may close by June, threatening up to 2,700 jobs, as the UK government considers nationalization.
British Steel, owned by China's Jingye Group, may close its blast furnaces in Scunthorpe by June, potentially costing up to 2,700 jobs due to daily losses of $905,240.
The UK government faces calls to nationalize the company if talks with Jingye fail, aiming to protect jobs and the industry's future.
The government has pledged up to £2.5 billion to support the steel sector.
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British Steel puede cerrar en junio, amenazando hasta 2.700 puestos de trabajo, como el gobierno británico considera la nacionalización.