UK MPs pass emergency bill to rescue troubled British Steel
The bill will hand Business Secretary Jonathan Reynolds extensive powers to direct British Steel’s staff and operations.
On Friday the Northern China benchmark iron ore price jumped to $65.20 per dry metric tonne (62% Fe CFR Tianjin port) bringing gains since Wednesday to 7.8% as commodity investment fever grips Chinese investors. Last week iron ore hit a 16-month high following an...
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