Jingye Group
Jingye Group is a Chinese multinational steel and iron manufacturer known for its significant investments in various steelworks, including British Steel. Recently in the news, the company has faced financial challenges with its British operations, leading to discussions about the potential nationalization of the steelworks amid ongoing negotiations with the UK government concerning its unsustainable losses.
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Recent news mentions
The Chinese investor Jingye Group wanted to close two massive blast furnaces at the company’s Scunthorpe plant.
US criticism of Nigeria’s import ban
Nigeria· 2025-04-18
The crisis surrounding British Steel and its Chinese owner, Jingye Group, hints at important connections in the trade landscape.
Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides | International trade
United Kingdom· 2025-04-14
Jingye Group has claimed to have invested more than £1.2 billion in maintaining the business.
UK Keir Starmer races to rescue British Steel from Chinese owners amid tariff crisis
Australia· 2025-04-12
