British Steel (2016–present)

[7] Talks during August 2015 on the acquisition ended unsuccessfully, with Klesch citing energy prices and (dumping of) Chinese steel imports as factors against the sale.

Thanks to a restructuring effort led by Bimlendra Jha (then Executive Chairman of Longs Steel U.K.) Greybull stated that at acquisition the business was profitable.

[16] In June 2017, it was reported that the previously loss-making plant at Scunthorpe was once again back in profit, a year after Greybull took the concern over from Tata Steel.

[18] Theresa May announced to parliament that HM Treasury had "agreed an indemnity for the official receiver to enable British Steel to continue to operate in the immediate future".

[19] In August 2019, Oyak, a Turkish army pension fund announced that it planned to take over British Steel by the end of 2019 however talks stalled.

Scunthorpe Works BOS plant