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09 Mar
17:41

Official Receiver confirms British Steel sale to Jingye

The UK Official Receiver (OR) confirmed in a statement on 9 March that parts of the business and assets of British Steel Limited (BSL) have now been sold to Chinese steelmaker Jingye. This follows 9 months of uncertainty after the UK-headquartered long products specialist fell into administration, Kallanish notes. The sale to Jingye includes the steelworks at Scunthorpe, UK mills in Teesside and Skinningrove, shares of FN Steel BV in the Netherlands and the TSP En…
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