British Steel (2016–present)
Steel manufacturer founded in 2016
British Steel (2016–present) ▸ Facts ▸ Comments ▸ News ▸ Videos
British Steel Limited is a long steel products business owned by Chinese company Jingye Group. It was founded in 2016 with assets acquired from Tata Steel Europe by Greybull Capital, before being acquired by Jingye Group in 2020. The primary steel production site is Scunthorpe Steelworks, with rolling facilities at Skinningrove Steelworks, Teesside.
| 0 shares | ShareTweetSavePostSend |
You Might Like
Reynolds discusses British Steel row with Chinese counterpart Jonathan Reynolds, the business secretary, has discussed the government's move to seize control of British Steel with his Chinese counterpart for the first time.Sky News - Published | |
Chinese group Jingye hires lawyers to recover British Steel cash The Chinese owner of British Steel has hired a leading City law firm to explore the recovery of hundreds of millions of pounds it invested in the Scunthorpe-based company before the government seized..Sky News - Published | |
British Steel to end consultation on up to 2,700 redundancies after government interventionBritish Steel has said it will end a consultation on up to 2,700 redundancies, after the government took control of the firm earlier this month.Sky News - Published | |
Labour's policy on China under the spotlight After a dramatic weekend with ministers passing legislation to wrest control of British Steel from its Chinese owners, Labour's China policy is under the spotlight.Sky News - Published | |
Government 'not ruling out' another Chinese partner for British SteelThe government is "not ruling out" another Chinese partner for British Steel, the industry minister has said, putting her at odds with Business Secretary Jonathan Reynolds.Sky News - Published | |
'Likely' British Steel will be nationalised, says business secretary Business Secretary Jonathan Reynolds has said it is "likely" that British Steel will be nationalised.Sky News - Published | |
Race against time to keep Scunthorpe steel furnaces alive as raw materials to be delivered today The raw materials needed to keep the blast furnaces running at British Steel's Scunthorpe plant will be delivered to the site today, the government has confirmed.Sky News - Published | |
Raw materials for British Steel plant 'paid for' amid race against time to avert shutdown The raw materials needed to keep British Steel's Scunthorpe plant operating have been paid for, Deputy Prime Minister Angela Rayner has said - but she would not be drawn on when they would arrive.Sky News - Published | |
Race to keep British Steel furnaces running with last-minute efforts to secure raw materials under wayLast-minute efforts to keep British Steel operating are to be carried out today, as the plant races to secure a supply of raw materials.Sky News - Published | |
Emergency bill to protect British Steel becomes law An emergency bill to save British Steel's Scunthorpe blast furnaces has become law.Sky News - Published | |
MPs to debate emergency legislation to keep British Steel open as 'security is on the line'Sir Keir Starmer has said the government will debate emergency legislation on Saturday to keep the British Steel plant in Scunthorpe open as "our economic and national security is on the line".Sky News - Published | |
'All options' on table regarding British Steel's future, chancellor says "All options" remain on the table over the future of British Steel, the chancellor has said, as fears mount over the company's plant in Scunthorpe.Sky News - Published | |
Shapps tells British Steel owner redundancy plans are 'unhelpful' Business Secretary Grant Shapps has told British Steel's Chinese owner that proposals to make hundreds of workers redundant are "unhelpful" amid negotiations over a £300m taxpayer support package.Sky News - Published | |
