Original version

BBC World Service Europe and the Middle East

World Business Report

Factual: Money

The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service Australasia

BBC World Service East Asia

BBC World Service South Asia

BBC World Service

World Business Report: First broadcast 2016/07/08 17:32 GMT: Hopes Rising Prices May Save UK Steel Industry

Bulletins

Hopes Rising Prices May Save UK Steel Industry

First broadcast 2016/07/08 17:32 GMT

First broadcast 2016/07/08 17:32 GMT: Hopes Rising Prices May Save UK Steel Industry

BBC World Service - World Business Report, Hopes Rising Prices May Save UK Steel Industry

Sale of Tata Steel's main Port Talbot plant in Wales is on hold.

Negotiations by the UK government to wrangle a deal with Tata are taking place in Mumbai to save Britain's steel industry.

Just a few weeks ago, the headlines were that the British steel industry was losing a million pounds a day - and its owner, Tata Group of India, was desperate to sell everything it owned in the UK. Now the sale of the main Port Talbot plant in Wales is on hold - and Britain's business secretary, Sajid Javid, is back in India trying to cut a new deal with the Tata Steel board. The BBC's Yogita Limaye, in Mumbai, explores the behind the scenes negotiations to save the UK's steel industry. And we talk to steel analyst Peter Brennan of S&P Global Platts about how rising steel prices may be the plant's saviour. Meanwhile, we also head to Amsterdam to look at how Holland is coping with Britain's referendum vote to leave the European Union. Anti-European and anti-immigrant sentiment has been on the rise in the Netherlands over the last decade or so. Now the UK has voted to leave the EU, might the Dutch follow suit? Amsterdam's deputy mayor, Kaijsa Ollengren talks to the BBC.

Picture Credit: Dan Kitwood/Getty Images

Accessibility links

Programme Index

World Business Report

First broadcast 2016/07/08 17:32 GMT: Hopes Rising Prices May Save UK Steel Industry

Genres

Formats

Brand

BBC World Service Europe and the Middle East

About BBC World Service