Turkish investor eyes 'clean steel' opportunity, as it closes in on British Steel takeover

Michael Holder
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Steel production is responsible for seven per cent of global emissions | Credit: Worldsteel / Robert Kolykhalov
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Steel production is responsible for seven per cent of global emissions | Credit: Worldsteel / Robert Kolykhalov

Oyak, the Turkish pension fund giant, claims to be close to finalising the proposed takeover of troubled British Steel, which fell into liquidation in May

Turkish pension fund Oyak says it is closing in on a deal to buy beleaguered British Steel, promising that if the takeover goes through it will "invest in clean steel production" and boost manufacturing...

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