All news on the topic: Jingye Group

The business secretary has declined to confirm whether the government can secure adequate raw material supplies in time to keep the blast furnaces at British Steel operational, following its takeover of the Chinese-owned plant.

MPs have approved government plans to take control of British Steel’s blast furnaces in Scunthorpe and save them from closure.

Jingye Group has turned down an offer of taxpayer support proposed by Jonathan Reynolds, the business secretary, leaving fresh questions over thousands of steel industry jobs, Sky News can reveal.