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Chinese firm seeks compensation over British Steel nationalisation
Jingye said it will take action "through legal means to the very end" after the UK government nationalised British Steel.
July 19, 2026Why has British Steel been nationalised?
The UK's only remaining plant making virgin steel has been taken into public ownership after years of uncertainty over its future.
July 17, 2026British Steel taken into public ownership to protect 'vital' UK supply
The Scunthorpe steelworks has been officially nationalised under new government powers passed this week.
July 16, 2026UK signals it may block payout to British Steel owner
Chinese firm Jingye is seeking compensation after the government decided to nationalise the company.
June 12, 2026Related Pages (4)
Chinese firm seeks compensation over British Steel nationalisation
The former owner of British Steel has said it will pursue the British government for compensation after the loss-making firm was nationalised. The UK took control of the Scunthorpe steelworks a year
Why has British Steel been nationalised?
British Steel has been taken into public ownership after years of uncertainty over the future of the steelworks. It comes months after the UK government took control of the company's plant in Scuntho
British Steel taken into public ownership to protect 'vital' UK supply
British Steel has been taken into public ownership in what the government said was a bid to "protect UK steelmaking". The future of the steelworks, which employs roughly 2,700 people in Scunthorpe an
UK signals it may block payout to British Steel owner
The UK government has signalled it could limit or refuse compensation to the Chinese owner of British Steel as the company seeks reparation costs following a decision to nationalise the steelworks. J