British Steel

Steelmaking enterprise in the United Kingdom

British Steel was a major British steel producer. It originated from the nationalised British Steel Corporation (BSC), formed in 1967, which was privatised as a public limited company, British Steel plc, in 1988. It was once a constituent of the FTSE 100 Index. The company merged with Koninklijke Hoogovens to form Corus Group in 1999.

Also known as...BSC, British Steel PLC, and British Steel Corporation
UK Nationalises British Steel

UK Nationalises British Steel The UK government has taken British Steel into public ownership to protect the country’s only remaining virgin steelmaking plant after years of uncertainty.