The U.K. government said Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.” The announcement came amid fears that the government’s decision to wrest control of British Steel from its Chinese owners would deepen tensions between the U.

The deputy PM says "nothing is off the table" and would like to see private investment at the Scunthorpe plant.

British Steel appointed a new interim leadership team as UK officials rush to secure the raw materials needed to keep Britain’s last primary steel manufacturer running.