Propping up operations at Scunthorpe site, still legally owned by Jingye, now costs over £1.2m a day – so what are the options?
Turnaround investor Michael Flacks is interested in acquiring British Steel and combining it with another ailing steelworks ...
Businessman, who says he is a ‘big, bullish believer’, would combine Scunthorpe steelworks with Italian plant ...
The UK government passed a law allowing it to take control of British Steel to prevent the closure of blast furnaces and ensure continued steel production. The intervention followed plans by Chinese ...
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 ...
About £94m has been spent so far on the Government's intervention in British Steel to save the Scunthorpe steelworks. Business Secretary Jonathan Reynolds said the figure was "considerably less" than ...
The metals tycoon Sanjeev Gupta is this weekend plotting a controversial deal to salvage his remaining UK steel operations and avert their collapse into compulsory liquidation – a move that would put ...
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