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 ...

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 ...

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 ...

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 ...

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, ...

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, ...

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 ...

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 ...