ChemBriefChina's Jingye Steel Urges UK to Compensate Investment Losses
Jingye Steel demands UK compensation for British Steel nationalization losses, citing £377 million spent and potential £1.5 billion liability by 2028.
reuters · 2026-07-18 21:22 UTC
Jingye Steel demands UK compensation for British Steel nationalization losses, citing £377 million spent and potential £1.5 billion liability by 2028.
Chinese steelmaker Jingye initiated formal proceedings under the China-UK investment treaty to seek compensation from the UK government after nationalizing British Steel's Scunthorpe plant. The disput