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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

While Westminster’s long-term plans for the steelworks remain unclear, Jingye Group doesn’t know how much money it stands to lose

The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this…

Propping up operations at Scunthorpe site, still legally owned by Jingye, now costs over £1.2m a day – so what are the options?

Business secretary announces new ‘steel safeguards’ during visit to Tata’s Port Talbot plant

Taxpayers have been footing bill for loss-making company since April as minister acknowledges threat of EU tariffs

Steel tariffs to cause 'immediate hardship', industry chief warns