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22 Jan
19:00

Jingye nears British Steel purchase

China’s Jingye Steel expects to complete the purchase of British Steel by the end of February, Kallanish learns from a source close to the deal. The company's senior leadership aims to spend the New Year at the end of this week with the British Steel team in Scunthorpe. Jingye Steel executives were touring British Steel’s facilities, including those in France and the Netherlands, this week to finalise the nuts and bolts of a deal. That includes con…
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