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British Steel

10:20
Industry

China says it's monitoring UK's nationalisation of British Steel

China's Foreign Ministry has said it is closely ​monitoring the United Kingdom's nationalisation ‌of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye. 

18:40
Transport

British Steel wins multi-million-pound Türkiye high-speed rail contract

British Steel has secured a multi-million-pound order to supply rail for a major high-speed railway in Türkiye. Backed by UK Export Finance, the deal will see 36,000 tonnes of rail used on a 599km line between Ankara and İzmir, prompting the company to resume round-the-clock production.

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