13,217.60 TRY BIST 100 BIST 100
44.20 USD USD USD
6.45 CNY CNY CNY
51.01 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.08 TRY Interest Interest
100.99 USD Fossil Oil Fossil Oil
5.71 USD Copper Copper
113.30 USD Silver Silver
109.20 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,154.97 TRY Gold (gr) Gold (gr)
110.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

British Steel prepares to close its coke plant

British Steel has agreed to offer alternative roles to the approximately 250 workers affected by the coke plant closure.

British Steel prepares to close its coke plant

"We will continue to close the coke plant in the coming months, and we are pleased to say that all employees affected by this decision will be offered alternative roles in the business. We know this is a difficult time for everyone and I would like to thank our people and unions for their professionalism throughout the consultation process," said a company spokesman.

The firm says the coke plant at the company's integrated steelmaking facility in Scunthorpe is nearing the end of its useful life and closing them will bring environmental benefits, including reductions in air and water emissions.

The spokesman said: "We are still waiting for the British government to adopt the right policies and frameworks now to support our ambition to be a clean, green and successful company. Governments in the countries where our main competitors operate have adopted such policies, and the longer we wait for them to be implemented in the UK, the more impact this will have on our competitiveness and on the country's ability to meet carbon targets.”

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EU to support energy-intensive sectors with temporary decarbonization fund propos

Wednesday, March 18, 2026

Far East steel market under supply-demand, cost, and geopolitical pressures

Wednesday, March 18, 2026

Italy’s crude steel production increased by 2.6% in february

Wednesday, March 18, 2026

Crisis in Strait of Hormuz paralyzes Iranian ports: Over 1 million tons of iron and steel stranded

Wednesday, March 18, 2026

HBIS Tangsteel starts up fourth continuous caster from Primetals Technologies

Wednesday, March 18, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now