British Steel may close coke ovens in Scunthorpe

Noting that energy costs, carbon costs and labor costs are quite high, British Steel reported an increase of £120 million in its energy bill and £70 million in its annual carbon bill last year. Stating that steelmaking in the UK is not competitive despite cost reductions, British Steel may close its coke ovens in Scunthorpe. British Steel's shutdown of coke ovens could impact hundreds of people's jobs.