This aerial view shows the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

This aerial view shows a cooling tower at the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

This aerial view shows a cooling tower at the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

This aerial view shows the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

This aerial view shows the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

This aerial view shows the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

This aerial view shows the British Steel plant in Scunthorpe, north Lincolnshire in north east England on May 11, 2026. Britain's Prime Minister Keir Starmer announced on May 11 that he would introduce legislation to nationalise Chinese-owned British Steel, after the government took control of the company last year. (Photo by Toby Shepheard / AFP via Getty Images)

Options trader Justin Kanda works on the floor of the New York Stock Exchange, Thursday, May 7, 2026. (AP Photo/Richard Drew)