Media: The UK government is considering the nationalization of a steel company under a Chinese enterprise in the country.
According to消息 sources cited by the Financial Times, the UK government is considering the nationalization of a British steel company owned by a Chinese enterprise.
The report writes: "The UK government is considering the nationalization of the British steel company."
According to the report, the owner of this loss-making company and the UK government have failed to reach an agreement on a financial support package. Meanwhile, the company is facing a shortage of raw materials, which are essential for maintaining the operation of the blast furnaces at the Scunthorpe plant. Sources told the Financial Times that this issue should be resolved within 48 hours. According to them, the government is studying the possibility of purchasing raw materials on its own, which the company has yet to order.
The report points out: "Closing this Scunthorpe business, which provides 95% of the UK's rails, will put 2,700 jobs at risk and deprive the UK of the ability to produce steel independently."
Original article: https://www.toutiao.com/article/1828904901845258/
Disclaimer: This article only represents the author's personal views.