Government offers to buy coal to keep British Steel going, sources say

The government has offered to buy the coking coal that is essential to keep steel production going at British Steel in Scunthorpe, the BBC has been told.
British Steel has been warning for several days that the raw materials needed to keep its plant’s two blast furnaces operational are running out.
Sources said the government was putting the offer in writing to British Steel’s Chinese owner Jingye, which will decide on whether to accept it.
The BBC has approached the Department of Business and Trade for a comment.
But separately government sources said the materials need to be paid for within the next two days or production will cease at the British Steel plant within weeks and cannot be restarted.

Source: BBC