The Latest Breaking News from Jingye Group

Jingye Group demands compensation over British Steel nationalisation

UK took control of British Steel in 2025 after Jingye Group considered closing Scunthorpe plant

The Independent UK · Jul 19

Chinese company demands compensation from the UK over British Steel nationalization

China’s Jingye Group has demanded compensation from the UK after British Steel was nationalised, warning it may pursue international arbitration over investment losses. Beijing said the dispute could affect Chinese investor confidence in the UK.

The Economic Times · Jul 19

'We will have to share the water': a quarter of small waterways in France have run dry

PRESS REVIEW – Friday, July 17: China reacts after the UK nationalises its last remaining virgin steel factory, expropriating Chinese Jingye Group. In other news, low rainfall in May followed by three intense heatwaves have 100 French departments under water restrictions. Also, in Central Asia, a team of Spanish scientists…

France 24 · Jul 17

Bailout offer tabled to British Steel by UK government - source

Could deal make for a happy Chinese New Year for owner Jingye Group and the near 4,000 employees?

Birmingham Post · Jan 23, 2023

Rees-Mogg in talks with UK steelmakers as fears grow for thousands of jobs

Business secretary liaises with Tata Steel and Jingye Group over Port Talbot and Scunthorpe sites

The Guardian - UK · Oct 17, 2022

British Steel owner reportedly asking for urgent financial help from government

Jingye Group understood to have told ministers that its blast furnaces are unviable without huge cash injection

The Guardian - UK · Oct 1, 2022

£80m investment in British Steel gets under way in Scunthorpe

New billet caster to be installed as rod mill upgrade returns at huge headquarters facility

Birmingham Post · Jun 15, 2022