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CX Daily: U.K. Moves to Fully Nationalize Chinese-Owned British Steel

Published: May. 18, 2026 9:00 a.m. GMT+8

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The U.K. government introduced a bill to parliament on Thursday that would allow it to nationalize British Steel Ltd., prompting China’s commerce ministry to urge London to protect the legitimate rights of the company’s Chinese owner.

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5: U.K. Moves to Fully Nationalize Chinese-Owned British Steel