Jingye Group pledges £1.2bn investment into British Steel

摘要

Jingye Group is to invest £1.2bn into British Steel following the Chinese steelmaker's acquisition of the company's UK and Netherlands assets. Included in the transaction are British Steel's steelworks at Scunthorpe and UK mills at Teesside Beam Mill and Skinningrove, plus subsidiary businesses FN Steel in the Netherlands and TSP Engineering.