The nationalisation of British Steel looks increasingly likely. Owned by the Chinese Jingye Group since 2020, the company is composed of a blast furnace in Scunthorpe and a steel mill in Skinningrove.
British Steel currently employs around 4,200 workers in the UK and is owned by Chinese company Jingye. Making steel requires a lot of energy, and with prices soaring in recent months, the costs of ...
and the Treasury about a support package worth £300m to each company. A British Steel spokesman said: "Unfortunately, like many other businesses we are reluctantly having to consider cost cutting ...
RAIL Live is delighted to reveal British Steel as this year’s headline partner for sustainability for this year’s event which ...
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BRITISH STEEL has launched a major Tees Valley investment. The company – involved in a heated debate over the siting of two ...