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Steam rises from the smokestacks of a British Steel plant in Scunthorpe, northeastern U.K. Photo: VCG
Beijing protests proposed bill that opens a path to conclude the state takeover after Britain took de facto control of its last virgin steel producer from Jingye Group a year ago
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Steam rises from the smokestacks of a British Steel plant in Scunthorpe, northeastern U.K. Photo: VCG

Beijing protests proposed bill that opens a path to conclude the state takeover

LONDON (AP) — The U.K. government has nationalized British Steel to protect the nation’s steelmaking capacity after the company’s…

The UK government announced on Thursday that it had passed legislation to nationalise British Steel, previously owned by China’s…

The British govt says the takeover will protect more than 2,700 jobs & preserve steelmaking, vital to national security. China…

The UK move to take over British Steel fuels a brewing dispute with China amid political leadership change in London.

The U.K. government has nationalized British Steel to protect the nation’s steelmaking capacity