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UK considers nationalizing Scunthorpe Steel Works to secure domestic steel supply as owner rejects modernization funds.
The UK government may nationalize the last steel plant in the country, Scunthorpe Steel Works, to ensure domestic steel supply.
Owned by China's Jingye Group, the plant may run out of essential iron pellets needed for steel production.
Jingye rejected a £500 million offer to modernize the plant, and negotiations continue.
Prime Minister Keir Starmer says all options are on the table to keep the plant open.
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El Reino Unido considera la nacionalización de Scunthorpe Steel Works para asegurar el suministro nacional de acero, ya que el propietario rechaza los fondos de modernización.