Overview

• A shipment of 55,000 tonnes of blast furnace coke from Australia has arrived, with over 90,000 tonnes of iron ore from Sweden scheduled to follow next week.
• The UK government invoked emergency powers to take operational control of British Steel’s Scunthorpe plant after its Chinese owner halted material orders.
• Planned redundancies affecting up to 2,700 workers have been canceled, securing jobs and providing relief for steelworkers and their families.
• Interim management has been appointed to oversee operations, while the government seeks private-sector investment for the plant’s long-term future.
• Maintaining Scunthorpe’s blast furnaces is seen as critical for national security and infrastructure, preventing reliance on imported steel.