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British Steel
Latest News
British Ministers: Steel Industry Essential to National Security, Move to Nationalize British Steel
02 April 2026 - British Ministers paved the way to nationalize British Steel last week when it initiated efforts to establish the steel industry as essential to national security; alternatively, it could set the company’s owner, Jingye, a deadline for a deal to close, reported the Guardian.
Jingye Rejects UK Government’s Offer to Take Control of British Steel
09 March 2026 - Jingye has rejected an offer of between £50 million to £100 million from the U.K. government aiming to take control of British Steel, reported the Times.
British Steel Secures Order to Supply High-Speed Electric Railway in Türkiye
18 February 2026 - British Steel announced it has received an order from Türkiye to supply 36,000 metric tons of rail to ERG International Group for a high-speed electric railway.
