Jingye
Jingye is a Chinese steel manufacturer that owns British Steel, a historic steel production company in the UK. The company has been in the news due to its plans to close the last two blast furnaces in England, which poses a significant threat to 2,700 jobs and has prompted urgent discussions in the UK Parliament regarding government intervention.
Not in the pool (under ¢1).
Recent news mentions
Jingye is the Chinese owner of British Steel that the government has taken control of amid accusations of planning to switch the furnaces off.
Supplies to be sent to Scunthorpe to keep blast furnaces going
United Kingdom· 2025-04-15
The Chinese owners have said it is no longer financially viable to run the two furnaces at the site.
UK government to take control of British Steel under emergency law - World
Pakistan· 2025-04-13
Jingye is the Chinese owner of British Steel that has been involved in negotiations with the UK government.
Emergency law passed to force loss-making steel companies to keep operating | British SteelUnited Kingdom· 2025-04-12
Jingye has owned British Steel since 2020 and is threatening to close the last two blast furnaces in the UK.
British Steel : le Parlement britannique débat du contrôle des hauts-fourneaux, les deux derniers du pays
France· 2025-04-12