british steel

The grand concert production will take place at Arena Sofia Hall

Britain will offer grants to help its two largest steelmakers replace dirty blast furnaces with less carbon-intensive technology, media reported.

Turkey's Ataer Holding is the most likely buyer of Britain's second largest steelmaker, British Steel, which went bankrupt in May this year, according to British media.

The pension fund of the Turkish Armed Forces has reached a preliminary agreement to acquire U.K.-based industrial giant British Steel, said a written statement on Aug. 16.

Turkish steelmaker Ereğli Demir Çelik (Erdemir) has dismissed recent media reports suggesting that the company made an offer for the acquisition of British Steel.