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UK Govt Considering Nationalizing CN-Owned British Steel: Wire
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The UK is seriously considering nationalizing British Steel owned by China's Jingye Group to prevent the closure of this British firm, Bloomberg reported, citing sources. It is understood that the company is facing an imminent risk of closure, and the UK government is actively discussing nationalization after Jingye Group rejected its GBP500 million rescue plan. AAStocks Financial News |
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