UK officials are scrambling to secure access to coal and iron ore supplies to ensure Britain’s last two remaining blast furnaces stay operational after emergency legislation was passed to keep British Steel afloat.
British officials have been at the company’s Scunthorpe site since Saturday, working closely with British Steel’s local management to secure new cargoes of coke and iron ore to continue production, the Department of Business and Trade said on Monday.
The government is racing to prevent the blast furnaces cooling to the point where they can no longer run. Turning them on again is not impossible, but is a costly and lengthy process.
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