World
British Steel renationalized in the UK after 38 years of private ownership
British Steel, the British steelmaker, officially came under state control on July 16, 2026, according to Le Monde. This renationalization ends 38 years of private ownership since the group's privatization in 1988. The operation is backed by a special law adopted by the British Parliament, an exceptional legislative procedure reflecting the industrial and political urgency recognized by authorities.