The government said the owner of the British Steel complex in Scunthorpe, the Chinese company Jingye, was prepared to cancel orders for the raw materials needed to keep its blast furnaces burning ...

after talks with Chinese owner Jingye broke down. Mr Reynolds previously said that he would not want to bring a Chinese firm into the steel sector again, though industry minister Sarah Jones did ...

Sarah Jones, the industry minister, said on Tuesday morning that the Government was not ruling out another Chinese owner for British Steel. But Mr Reynolds suggested any bid from a Chinese firm ...

How curious. Jones’ comments come after Business Secretary Jonathan Reynolds told the Beeb’s Laura Kuenssberg that he didn’t to see another Chinese owner in charge of British Steel. ‘I wouldn’t ...

Under new ownership, Celsa Steel UK has been rebranded as 7 Steel UK. Sev.en Global Investments, owned by Czech billionaire Pavel Tykač, has also bought Celsa Nordic, which is now 7 Steel Nordic.

London (CNN) — Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend ...