Chinese owner demands compensation after UK nationalises British Steel
UK government nationalised British Steel on 16 July 2026 after taking operational control in April 2025 to halt losses of £700,000 per day at the Scunthorpe plant.
UK government nationalised British Steel on 16 July 2026 after taking operational control in April 2025 to halt losses of £700,000 per day at the Scunthorpe plant.