BRITISH STEEL NAME MAY COMEBACK

The British Steel name is set for a comeback even as the future of the UK’s biggest steel plant at Port Talbot hangs in the balance.

Greybull Capital, an investment firm, is close to completing the purchase of Tata Steel’s long products steelworks in Scunthorpe, Lincolnshire. As part of the talks, disclosed in December, Greybull is seeking to buy the British Steel brand.