The Latest Breaking News from SSUK

Government to take over Speciality Steel UK in move set to cost £350m

Business Secretary Jonathan Reynolds said the Government would have to pay off the creditors of the insolvent steelmaker.

Evening Standard · Sep 14

Government moves to nationalise Speciality Steel UK to protect 1,300 jobs

Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyer

The Guardian - UK · Sep 14

Czech energy group hints at combined bid for British Steel and Speciality Steel UK

Exclusive: Sev.en Global Investments could turn state-owned businesses into Britain’s biggest steelmaker

The Guardian - UK · May 1

Government takes over Liberty Steel’s South Yorkshire plants to protect 1,450 jobs

Court ends Sanjeev Gupta’s control of UK’s third-largest steelworks as ministers seek to save 1,450 jobs

The Guardian - UK · Aug 21, 2025

Ministers line up plan to run Liberty Steel’s South Yorkshire plants in administration

Court is shown proposal to secure operations of SSUK, which employs 1,450 people

The Guardian - UK · Aug 20, 2025

Sanjeev Gupta readies last-ditch plan to save UK speciality arm of Liberty Steel

Attempt to secure pre-pack administration deal comes as government officials step up planning for its collapse

The Guardian - UK · Aug 17, 2025

UK government considers rescue package for second major steel plant this year

Exclusive: Speciality Steel UK, which employs 1,450 people in South Yorkshire, could be supported if it enters administration

The Guardian - UK · Jul 11, 2025

Liberty Steel has not produced anything at two key plants since July 2024

Lack of work at Rotherham and Motherwell sites highlights financial crisis at UK’s third-biggest steel producer

The Guardian - UK · May 21, 2025

British Steel to keep Scunthorpe blast furnaces operating past Christmas

Confirmation follows progress at talks over government support for switch to less polluting technology

The Guardian - UK · Nov 11, 2024