Wire wrap-up

British Steel has sold its 40% stake in steel wire maker TWIL to Belgian wire specialist Bekaert, which owns 60% of the UK firm. The disposal is part of British Steel’s strategy to dispose of non-core activities.

British Steel has sold its 40% stake in steel wire maker TWIL to Belgian wire specialist Bekaert, which owns 60% of the UK firm. The disposal is part of British Steel’s strategy to dispose of non-core activities.