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05 Dec
16:25

French authorities consider alternatives for British Steel unit

French authorities are considering different options for the Hayange rail mill, in case it is not sold to Jingye Group as part of the Chinese firm’s acquisition of British Steel, Kallanish learns from French sources. Jingye signed a preliminary agreement to acquire all British Steel operations, but the French government needs to approve the industrial plan for the Hayange mill within the deal. Local press reports say a potential buyer is being so…
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