Critical raw materials will be delivered on Tuesday for use in British Steel’s blast furnaces, as the immediate crisis engulfing the company begins to ease.
Ministers had been concerned that British Steel’s Chinese owner, Jingye, planned to close the furnaces after talks between the two sides over a taxpayer support package broke down late last week.
The government raced to secure raw materials for British Steel after passing emergency legislation on Saturday to seize control of the company.
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