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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

DARK SECRETS: Britain s third largest steelworks collapses into administration | Vintage Vibes

Sanjeev Gupta United Kingdom Liberty Steel South Yorkshire SSUK
An employee passes a background of fiery sparks
An electric arc furnace at Liberty Steel's plant in Rotherham. The government has already received approaches from ‘third parties’. Photograph: Bloomberg/Getty Images

The government has taken control of the UK’s third-largest steelworks as ministers try to protect 1,450 jobs after Liberty Steel’s operations in South Yorkshire were put into administration.

The high court in London on Thursday ordered the winding up of Speciality Steel UK (SSUK), which has plants in Rotherham and Stocksbridge, despite the company’s request for more time to find new financial backers.

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