The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue.

An emergency bill to save British Steel's Scunthorpe plant has become law. It took around six and a half hours in total for Parliament to pass the legislation and the King to approve it.

Tata Steel, operating in the Steel sector and classified as a Largecap on the BSE, currently has its share price at ₹133.45. The stock has experienced fluctuations today, with a low of ₹130.4 ...