British Steel negotiations at standstill as UK rejects Jingye’s multi-million demands According to a news report by the BBC, the UK government’s talks with China-based Jingye Group, the owner of the UK-based steelmaker British Steel, have reached a critical impasse over the Scunthorpe steelworks. Ministers accuse Jingye of demanding “hundreds of millions” in taxpayer money to transfer ownership – a sum they say is far above … The post British Steel negotiations at standstill as UK rejects Jingye’s multi-million demands first appeared on EUROMETAL.

#LatestUpdates #BritishSteel #Jingye British Steel negotiations at standstill as UK rejects Jingye’s multi-million demands

Rail freight rescues British Steel A train load of coking coal has been delivered to British Steel Scunthorpe. The delivery kept the blast furnaces hot at the troubled plant on… The post Rail freight rescues British Steel first appeared on VibeWire Magazine.

#BritishSteel #DBCargoUK #Jingye #Railfreight

UK takes control of British Steel under emergency powers Business Secretary Jonathan Reynolds says nationalisation is "likely" next step as Parliament rushes law through.

#Jingye shutting down its two blast furnaces would have ENDED primary steel production in the #UK.

MPs and peers were called back from their Easter holidays to debate the legislation in an extremely rare Saturday sitting of both houses of Parliament.
www.bbc.com/news/article...

UK rail track manufacturer saved – for now Virgin steel is needed to make rail tracks. For that, you need steel blast furnaces. On Saturday, Britain’s last remaining blast furnaces were saved by… The post UK rail track manufacturer saved – for now first appeared on VibeWire Magazine.

#BritishSteel #Immingham #Jingye #JonathanReynolds

How's #BritishSteel owners not wanting to keep losing £700K a day sabotage? If you were Chairman of #Jingye who own British Steel? Would you want to tell #XiJinping you've been pissing Chinese taxpayers' money up wall & your plan is to keep doing it?#r4today #PoliticsLive #wato

#SteelIndustryAct #Scunthorpe #Britain #tradewar #militarytensions #Russia #China #Jingye

www.wsws.org/en/articles/...

Britische Regierung kämpft um Überleben der Stahlproduktion In Scunthorpe kämpfen britische Gewerkschafter um das Überleben der letzten Hochöfen des Landes. Jetzt greift die Regierung ein, um Arbeitsplätze und Produktion zu sichern - doch die Zukunft ist ungew...

🇬🇧🇨🇳 Es geht um Arbeitsplätze, industrielle Autarkie und Überkapazitäten: Wie die britische Regierung versucht, ein zum chinesischen Konzern #Jingye gehörendes Stahlwerk zu retten. Wenn es schließt, könnte #China noch mehr Stahl nach #Großbritannien exportieren. www.tagesschau.de/ausland/euro...

#Chinese company #Jingye owns #BritishSteel & they're losing £700K a day at #Scunthorpe. Get a calculator, that's quarter of a billion of #taxpayer money a year to keep it open. So now what British Steel hasn't enough domestic or international customers.#bbclaurak #TrevorPhillips

That exchange between #Badenoch & #Reynolds and her being exposed as completely #dishonest in her representation of her purported deal with #Jingye
The #Tories once again exposed as #RobberBarons

#scunthorpe #britishsteel #Jingye #keirstarmer #labour #redtories #capitalism #saveoursteel #nationalisesteel #nssn #unitetheunion #gmb #tradeunioncongress #strikes #classstruggle #newworkersparty #tusc #tradeunionandsocialistcoalition #socialism #socialist

Socialist Party - fighting for the needs of all not the profits of a few The Socialist Party fights for socialism – a democratic society run for the needs of all and not the profits of a few.

If you would like to know more about what we think and our programme head over to our website:

www.socialistparty.org.uk

Solidarity!

#teeside #britishsteel #Jingye #keirstarmer #labour #redtories #capitalism #saveoursteel #nationalisesteel #nssn #unitetheunion #gmb #tradeunioncongress

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