UK Enacts Emergency Law to Keep British Steel Running Amid Jingye Negotiation Breakdown
April 15, 2025
These measures are crucial for protecting the UK's steelmaking capacity and safeguarding the 3,500 jobs at risk at the Scunthorpe facility.
The Steel Industry (Special Measures) Bill empowers the Government to mandate steel companies in England to continue operations, imposing penalties for non-compliance.
Business Secretary Jonathan Reynolds criticized Jingye for failing to negotiate in good faith, particularly after they ceased raw material purchases essential for the Scunthorpe plant.
Chancellor Rachel Reeves expressed a desire for a long-term relationship with China during her visit in January 2025, emphasizing ongoing diplomatic engagement between the UK and China.
While these developments unfolded, Trade Minister Douglas Alexander was in China for discussions, and Admiral Sir Tony Radakin, head of the Armed Forces, also visited Beijing recently.
Emergency legislation was passed on April 12, 2025, enabling the UK Government to instruct British Steel to maintain operations after negotiations with its owner, Jingye, broke down.
This legislative action comes just a month after the UK Government intervened in the crisis at British Steel, which is owned by the Chinese firm Jingye.
Summary based on 1 source
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Express.co.uk • Apr 15, 2025
Ed Miliband promised ‘close co-operation’ with China a month before British Steel crisis