UK government moves towards full nationalisation of British Steel after buyer search fails
The UK government is preparing legislation that would allow the full nationalisation of British Steel, marking one of the biggest industrial interventions in Britain for years. Prime Minister Keir Starmer said on 11 May 2026 that ministers would take powers to bring the company fully into public
Hoa Phat Chairman Tran Dinh Long Net Worth Expected to Double to $5 Billion as Steel Business Booms
Vietnam's richest man Trần Đình Long, Chairman of Hoà Phát Group, is on track to see his net worth double to $5 billion as the steel tycoon's flagship company benefits from a resurgence in the industry.
Steel industry woes may last until mid-2023
HCMC – Steel output and consumption have plunged in recent months, and the situation is predicted to linger until the second quarter of next year. The Vietnam Steel Association said in its latest report that output of finished steel products in October had slid 16.38% month-on-month and 28.7%