Parliament will be recalled on Saturday for an emergency debate on the future of the British Steel factory in Scanthorpe.
A government source says that it seeks to “take control” from the company, after its Chinese owner said that its high stoves are “no longer financially sustainable”.
Conferences took place this week so that production continues in the company, which employs 2,700 people.
Politicians left Westminster for their Easter holidays on Tuesday and should not come back before April 22.
The ministers had expressed a preference for a commercial solution to guarantee the long -term future of the factory.
But they had not excluded the nationalization of the company, saying that all the options remained on the table.
The House of Commons said that the deputies would discuss the proposed legislation “to guarantee the continuous operation of the British steel high-hearts”.
Chinese company Jingye, who bought British Steel in 2020, said that she suffered financial losses of around £ 700,000 per day.
