UK Business Secretary Jonathan Reynolds refused to guarantee the continued operation of British Steel's blast furnaces after the government took control from Chinese owner Jingye. Emergency legislation secured the plant, preventing closure and potential job losses. Reynolds cited the need to secure coal supplies but declined to comment on the commercial details of obtaining the necessary raw materials. He emphasized the government's action prevented the loss of primary steel production and thousands of jobs.
Prepared by Christopher Adams and reviewed by editorial team.
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