Britain took back control of the steelmaker from a Chinese firm. But don’t expect a massive rethink of the China-addicted U.K. economy.

When copper prices are swinging this wildly it’s easy to lose sight of the giant hole that exists in the industry where ...

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Strong supply chains are vital in this complex manufacturing process – and British Steel faced a perfect storm of problems.

The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its ...

The U.K. government says that it has bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.” ...

The British government is refusing to rule out nationalizing the last plant in the U.K. that makes steel from raw materials ...

London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.

Jingye bought British Steel in 2020 and says it has invested more than 1.2 billion pounds ($1.5 billion) to keep the plant running in the face of “ongoing production instability.” ...

April 12 (UPI) --The U.K. Parliament authorized the government to seize control of the Chinese-owned British Steel plant in Scunthorpe to prevent its closure and the loss of up to 2,700 jobs.