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Liberty Steel Deal at Risk: 1,500 Jobs Hang in Balance

8/18/2025

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Summary

Story summary

Sanjeev Gupta is negotiating a deal to save Liberty Steel's Speciality Steel UK (SSUK), risking 1,500 jobs.
The UK government is monitoring the situation, with Business Secretary Jonathan Reynolds exploring support options.
SSUK, the third-largest steel producer in Britain, faces financial challenges from high energy costs and import reliance.

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Story summary

Sanjeev Gupta is negotiating a deal to save Liberty Steel's Speciality Steel UK (SSUK), risking 1,500 jobs.
The UK government is monitoring the situation, with Business Secretary Jonathan Reynolds exploring support options.
SSUK, the third-largest steel producer in Britain, faces financial challenges from high energy costs and import reliance.