Propping up operations at Scunthorpe site, still legally owned by Jingye, now costs over £1.2m a day – so what are the options? Propping up operations at Scunthorpe site, still legally owned by Jingye, now costs over £1.2m a day – so what are the options? B ritish Steel was losing £700,000 a day last year when its Chinese owner announced plans to shut the steelworks at Scunthorpe. After Jingye rejected support to buy raw materials, the UK government stepped in with emergency legislation to take