The same fate has befallen industrialist Sanjeev Gupta. Once nicknamed the “saviour of steel”, his Speciality Steels UK ...

The UK government has moved to take control of British Steel following fears that the blast furnaces at its Chinese-owned site in Scunthorpe could be at risk of shutting down. Parliament approved the ...

Steely decision: On Saturday, the government recalled parliament for a rare weekend sitting to pass an emergency law to save British Steel’s Scunthorpe plant from closure, bringing it under government ...

The government is considering nationalising British Steel as it attempts to save thousands of jobs, according to reports. Taking part or all of the company into public ownership is now being ...

British Steel has secured a five-year contract worth £500m to supply train tracks for Network Rail. The company will forge more than 337,000 tonnes of track in a deal safeguarding the short-term ...

LONDON (Reuters) -British Steel said on Wednesday it would hire over 180 new staff as it prepares to ramp up production following the British government's operational seizure of the group from its ...

The prime minister will announce a new £35m rail contract for British Steel, the government has said. The deal, to supply products for Turkey's high-speed rail network, will be announced by Sir Keir ...

The UK government passed a law allowing it to take control of British Steel to prevent the closure of blast furnaces and ensure continued steel production. The intervention followed plans by Chinese ...

LONDON (AP) — The U.K. government said Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.” The announcement came amid ...

British Steel has secured a five-year contract worth £500 million to supply 70,000 to 80,000 metric tons of rail annually to Network Rail. The company recently invested £10 million to open a new rail ...

UK citizens could be forgiven for thinking, in early April, that they had been transported back in time, amid suggestions British Steel should be nationalized—something that happened back in 1967.

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — The U.K. government said ...