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CMC wrote: Apollo11 wrote: Is it actually going to close in June or is this a tactical gun to the government’s head by Jingye? They’re looking more subsidy to move onto this green steel proposal that’s how it reads to me.
Apollo11 wrote: Is it actually going to close in June or is this a tactical gun to the government’s head by Jingye?
Is it actually going to close in June or is this a tactical gun to the government’s head by Jingye?
They’re looking more subsidy to move onto this green steel proposal that’s how it reads to me.
£500m more than what the government has offered and…
The company is starting a formal consultation with its workforce and unions over three options:
The closure of the blast furnaces, steelmaking operations and Scunthorpe Rod Mill by early June 2025
The closure of the blast furnaces and steelmaking operations in September 2025
The closure of the blast furnaces and steelmaking operations at a future point beyond September 2025.’
