China urges the UK to proceed cautiously with plans to nationalize British Steel

Share:

China's Ministry of Commerce stated that the UK government should make "prudent decisions" regarding plans to nationalize British Steel, respect the wishes of the enterprise and market principles, and avoid the abuse of administrative compulsory measures.

The UK government previously took over operational control of British Steel from a Chinese company in April 2025. HCT600C+Z Hot dip galvanized steel , According to plans announced this week by UK Prime Minister Keir Starmer, the government may move to fully nationalize British Steel in the future.

China's Ministry of Commerce stated that it would closely monitor developments and take firm measures to safeguard the legitimate rights and interests of Chinese enterprises.

In response, HCT600C+Z Hot dip galvanized steel , a UK government spokesperson stated that the government is committed to respecting business rights and would only exercise the nationalization powers granted by the relevant legislation if the "public interest test" is met.

The UK government had previously introduced new legislation empowering it to bring British Steel into public ownership, HCT600C+Z Hot dip galvanized steel , with the aim of ensuring the stability and supply security of the UK steel industry.

  • Source: Abstract
  • Editor: Shirley

If necessary, please leave your message, we will contact you as soon as possible, thank you!

Name:
Email:
Tel:
Message: