The government first intervened in British Steel last year to prevent its then-owner, the Chinese company Jingye Group, from shutting it down. No private sector buyers came forward.
U.K. Nationalizes British Steel, Its Last Major Steel Mill
The government first intervened in British Steel last year to prevent its then-owner, the Chinese company Jingye Group, from shutting it down. No private sector buyers came forward.
Source: The New York Times
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