18 articles
UK ministers face pressure to outline a sustainable future for nationalized British Steel after watchdogs warned of £1.5bn costs by 2028. The Public Accounts Committee criticized the lack of a clear b
China's Foreign Minister urged the UK to ensure a fair business environment for Chinese companies following the nationalization of British Steel, previously owned by Jingye Group, citing national secu
Jingye Steel demands UK compensation for British Steel nationalization losses, citing £377 million spent and potential £1.5 billion liability by 2028.
China's Foreign Ministry stated it will monitor the UK's nationalisation of British Steel, previously owned by Jingye, and take measures to protect legitimate interests. Beijing urged London to provid
The UK government nationalized British Steel to secure production and jobs, prompting China's Ministry of Commerce to express strong dissatisfaction over the treatment of Chinese investor Jingye. The
China's Ministry of Commerce opposed the UK's nationalization of British Steel, owned by Jingye Group, citing harm to Chinese investment confidence. Separately, a former Hungarian foreign minister joi
The UK government has officially nationalized British Steel, previously wholly owned by China's Jingye Group. The new legislation raises questions about compensation for the former owner following the
The UK government nationalized British Steel to prevent closures, taking control from owner Jingye to secure domestic production and protect 4,000 jobs. This move safeguards industrial resilience whil
The UK government has nationalized British Steel to protect production and jobs, seizing control from Chinese owner Jingye to prevent furnace shutdowns and secure the supply chain.
Chinese steelmaker JINGYE publicly demanded compensation from the UK government for losses incurred during its investment in British Steel, initiating consultation procedures under the bilateral inves
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
Chinese steelmaker Jingye Group publicly demanded compensation from the UK government regarding investment losses in British Steel following its nationalization. The company has initiated consultation
The IEA warns global oil inventories are dropping at a record pace amid Middle East tensions, increasing price volatility risks. The UK government submitted a bill to nationalize British Steel, prompt
The UK government submitted a bill enabling steel nationalization, affecting British Steel owned by China's Jingye Group, which has invested over £1.2 billion while facing significant daily financial
UK Prime Minister Keir Starmer announced plans to nationalise the British Steel plant at Scunthorpe, with government officials taking control while Jingye Steel remains the nominal owner. Legislation
UK government weighs nationalising British Steel due to mounting losses, evaluating subsidy needs for electric arc furnace conversion while addressing high energy costs and import tariff protections.
The UK government is expected to announce the full nationalisation of British Steel in the upcoming King’s Speech, securing the Scunthorpe plant after taking over operations from owner Jingye amid ris
Sev.en Global Investments proposes a combined bid for British Steel and Speciality Steel UK to create the nation's largest steelmaker, backed by £100m in planned investments and hydrogen technology up
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