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. Suddenly ...

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 ...

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, ...

The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue. Prime ...

LONDON (AP) — China warned the U.K. government Monday to treat the Chinese owners of British Steel fairly or risk undermining investor confidence in the country, two days after British authorities ...

The UK government has moved to take control of British Steel following fears that the blast furnaces at its Chinese-owned site in Scunthorpe could be at risk of shutting down. Parliament approved the ...

London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security. By Stanley Reed and Eshe Nelson Reporting from London The British government ...

Government officials and British Steel staff are in a desperate race to save its blast furnaces after what ministers believe was a plot to sabotage the Scunthorpe plant by its Chinese owners. A ...

Jingye bought British Steel in 2020 and says it has invested more than £1.2 billion ($1.5 billion) to maintain operations but is losing around £700,000 a day. Reynolds said "the effective market value ...

The U_K_ government says that it has bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.” Credit: AP Credit: AP LONDON (AP) — The U.K.

Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. LONDON (AP) — China has warned the U.K. government to treat the Chinese owners of British Steel ...