Translections to maintain production at the last factory by Virgin Steel in the United Kingdom in ScanthropE have not yet reached a resolution, BBC said.
British Steel warned that the raw materials used to produce steel in two high stoves of the factory could soon run out.
Wednesday, sources said that the government had proposed to buy coke coal which is essential to maintain the high stoves.
A meeting between representatives of the government and Jingye, Chinese owner of the factory, took place Thursday.
But a source close to negotiations told the BBC that questions under discussion are not resolved.
The source said the negotiations were underway and could take place on Friday.
The unions representing factory workers said they had not been updated on negotiations.
Government sources said that the production of the BBC could stop at the factory in a few weeks if the raw materials were not paid soon.
The Department of Affairs and Commerce has not commented.
Coke coal is a source of fuel in the high stove process used to make virgin steel, in iron ore rather than recycled steel.
Jingye said the ovens is “no longer financially sustainable”.
The government has not excluded the nationalization of British Steel, which employs 2,700 people, saying that all the options remain on the table.
Prime Minister Sir Keir Starmer said that “all the options are on the table on Thursday”.
He said that steel demand was “likely to go up, not broken down, which is why it is very important to do everything we can”.
Andy Prendergast, national officer of the GMB Syndicate, said that he was exceptionally concerned ” that the government’s offer to pay for coke was not “ broken ” by Jingye.
He told the BBC ”, we believe that the government had made an offer that buys everyone. “
He added: “We are currently running against the clock in terms of high stoves. If they leave, they left.
“This offer means that they remain in action and this means that we can have a broader discussion on the future of steel work.”
The United Kingdom would be the only great economy in the G7 without the ability to make Virgin Steel if the Scantinpe factory closed.
Recycled steel, made from scrap, is more energy efficient and has a much lower carbon footprint.
But some industry analysts argue that there is not enough recycled steel to meet global demand.
Reform UK asks British Steel to be nationalized until a buyer can be found.
The Green Party also promotes nationalization and the transition to “green” steel production.
Conservatives and Liberal Democrats said other options should be taken into account first.
