UK business secretary Greg Clark has travelled to India and China over the past two weeks to meet companies viewed as potential bidders for British Steel, as efforts intensify to rescue the ailing business and save thousands of jobs.
In the past few days, the cabinet minister met JSW, one of Indias largest steel manufacturers, according to two people briefed on the matter, and other businesses. This followed a trip last week to China, whose Baowu has been linked with a move for British Steel.
The international visits suggest a concerted push by Mr Clark to find an investor to rescue the UKs second-largest steelmaker, whose future is hanging in the balance following its collapse into insolvency after owner Greybull Capital had a reques…
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