Thousands of jobs at risk as British Steel threatens closure of blast furnaces - A consultation has been launched on closing blast furnaces at Scunthorpe steelworks

British Steel said on Thursday it will consult on the potential closure of two blast furnaces and steelmaking operations, as well as a proposed reduction in the capacity of its steel rolling mill in Scunthorpe.

British Steel said it would not revisit plans to build an electric arc furnace (EAF) at one of its plants, even though it was consulting on the closure of an alternative site for the machinery.