Coking ovens could close by end of year amid high energy prices and need to invest in lower-carbon technologies

British Steel is expected to announce imminently the closure of the coking ovens at its Scunthorpe works with the loss of 300 jobs, as the UK industry struggles amid high energy prices and the need to invest heavily in lower-carbon technologies.

The Chinese-owned group has called a meeting of workers for Wednesday morning to inform them of the plans, which would be subject to a consultation. The closure could take place by the end of this year, although the exact timing is so far unclear, a source with knowledge of the situation said.

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