A Chinese buy-out marks a new chapter in the tumultuous history of steelmaking in the United Kingdom, which has been characterised by nationalisation, privatisations and recurring crises. Despite ...
It is a long way from Scunthorpe to the windswept plains of northeast China. But a journey to the hometown of the Chinese firm that owns British Steel would soon reveal to a traveller how closely ...
Steely decision: On Saturday, the government recalled parliament for a rare weekend sitting to pass an emergency law to save British Steel’s Scunthorpe plant from closure, bringing it under government ...
British Steel has changed ownership many times since it was privatized in the 1980s, but Jingye’s tenure has been particularly rocky. A glut of Chinese steel in the global market put pressure on the ...
The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic manufacturing. By Stanley Reed Reporting from London For the second time this year, ...
Has British Steel been nationalised? Not quite. Earlier this month, the government passed an emergency law to take operational control of the company, but it doesn’t actually own it. That’s an uneasy, ...
Opinion
21don MSNOpinion
'Steelmaking is part of what makes Scunthorpe, Scunthorpe. We’re doing everything we can to ensure it stays that way'
Every tonne of steel made in Scunthorpe fuels growth, keeps skilled local jobs in the area, and keeps supply chains rooted in our communities rather than exported overseas. From skyscrapers and ...
London (CNN) — Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend ...
Aston University provides funding as a member of The Conversation UK. The two blast furnaces at British Steel’s Scunthorpe plant in England are the last of their kind in the UK. The UK steel industry ...
The prime minister will announce a new £35m rail contract for British Steel, the government has said. The deal, to supply products for Turkey's high-speed rail network, will be announced by Sir Keir ...
London (CNN) — Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend ...
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