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British Steel is open to new buyers: UK business minister

Reuters Wednesday, 22 May 2019
British Steel is open to new buyers: UK business ministerBritish Steel, which was forced into liquidation on Wednesday after failing to secure an emergency government loan, is open to new buyers, business minister Greg Clark said on Wednesday.
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News video: British Steel Close To Collapse?

British Steel Close To Collapse? 00:36

According to Reuters, British Steel, the country’s second largest steel producer, is on the brink of collapse unless the government agrees to provide an emergency 30 million pound ($38 million) loan. British Steel said negotiations had not concluded and it continues to work with all parties to...

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