The Business Secretary has not ruled out Chinese firms being involved in the British steel industry in the future.

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Ministers have used emergency powers to seize ... Refusing even to rule out another Chinese owner of British Steel, he added: “I wouldn’t get ahead of commercial negotiations.

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Ministers dodged on whether another Chinese firm could yet be allowed to become involved with British Steel - despite calls for Labour to rule out Chinese investment in 'strategic' sectors.

Business Secretary Jonathan Reynolds has said it is "likely" that British Steel will be nationalised ... way" following the row but did not rule out their involvement completely.