British Steel Seeks $570 Million Rescue Package

GALWAY, IRELAND--October 11, 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The owner of the U.K.'s second-largest steelmaker, British Steel Limited (BSL) (Scunthorpe, England), is requesting £500 million (US$570 million) in financial aid from the U.K. government to help rescue the company. Within this article: Details proposed rescue bailout for British Steel, state of operations, products, previous sale