Turkey's Cengiz ready to bid for British Steel if Chinese deal collapses
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LONDON (Reuters) - Turkish conglomerate Cengiz Holding said on Sunday it was ready to bid for British Steel if a sale to China's Jingye Group fell through."British Steel is an important asset and we are watching developments closely and are ready to make a bid for the whole of British Steel," Cengiz Holding CEO Omer Mafa said in a statement.Jingye Group announced a provisional deal to buy British Steel in November, agreeing to pay around 50 million pounds, sources said at the time. It said on..