Jingye Group, owner of British Steel, announced the planned closure of two blast furnaces in England, risking 2,700 jobs. The company attributed the shutdown to the financial unsustainability caused by President Donald Trump's 25% tariffs on steel imports, a move that has national security and labor implications.

Jingye Group, owner of British Steel in the UK, announced plans to close two blast furnaces, attributing the decision to the imposition of Trump's tariffs, a move that threatens 2,700 jobs and marks the end of domestic steel production after 150 years.

Jingye Group, the Chinese owner of British Steel, pushed for £1bn of state support from the UK government to keep its Scunthorpe plant operational and facilitate a shift towards greener steelmaking methods, as reported on March 28, 2025.

Jingye Group, the Chinese owner of British Steel, rejected a £500m government rescue package offered by UK officials to support the transition to green steel production, raising concerns over the fate of thousands of steel industry jobs.

Jingye Group, owner of British Steel, rejected a £500 million UK government rescue package as confirmed by Industry Minister Sarah Jones during a parliamentary inquiry, raising concerns over the future of the nation's steel industry and potentially jeopardizing worker livelihoods.

Jingye Group, the Chinese owner of British Steel, is facing criticism for failing to meet its promised investment of £1.2 billion to rejuvenate the steelworks. The company is now reportedly considering shutting down one of the blast furnaces if it does not receive additional government support, raising serious concerns about job losses and the long‐term economic stability of the facility.