Report: The end of British steel?
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.
The Chinese-owned company says the business is no longer sustainable, and are willing to let the factory cease operations - at the cost of 2,700 jobs.
Labour have 24 hours to buy in new products and make a bid to nationalise the plant.
Will they do it?
Journalist and Video Edit: Ava Santina Evans
Videographer: Oli Johnson
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