British Steel takeover ‘making progress’

British Steel takeover ‘making progress’

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British Steel’s main operation is in Scunthorpe

The firm due to take over British Steel has said it is confident it will win approval for the deal in the new year.

The statement by China’s Jingye comes after a newspaper report suggested the rescue bid could collapse.

Jingye said it was continuing to make progress in securing the…

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