Overview
- The British government has taken over operational control of the Scunthorpe steelworks to secure raw material supplies and keep the facility running.
- Two shipments of critical coke supplies are en route to Scunthorpe, with a third shipment expected soon, to prevent the furnaces from cooling irreversibly.
- Jingye, the Chinese owner of the steelworks, is accused of halting raw material orders, a move labeled as 'industrial sabotage' by some UK officials.
- Parliament has passed emergency legislation allowing for potential nationalization of the steelworks, though the government hopes for private investment.
- The intervention seeks to protect 2,700 direct jobs and up to 35,000 indirect roles, while maintaining the UK's only primary steel production facility vital for national infrastructure and defense.