18
Feb
13:47
British Steel withholds investment over UK policy obscurity
British Steel’s Chinese owners have allocated £1.2 billion ($1.68 billion) to invest into the UK steelworks’ blast furnaces, but are holding back the investment due to Boris Johnson’s ten-point net zero carbon economic plan. So says British Steel chief executive Ron Deelen in an interview with The Telegraph.
Part of the attraction for Jingye Group to acquire British Steel in March 2020 was the firms’ shared knowledge of blast fur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous