Steel News – Late May 2025
Estimated reading time 1 minute
News of a possible buyer for a South Yorkshire-based steel company has fended off the threat of insolvency for now. Speciality Steel UK (SSUK), which is part of the Liberty Steel Group founded by Sanjeev Gupta, employs 1,450 people and has operations in Rotherham and Sheffield.
Lawyers for SSUK, speaking at a High Court hearing today – 21 May – said “urgent meetings” had taken place with a “third party purchaser”. https://www.thebusinessdesk.com/yorkshire/news/2139213-steel-firm-at-risk-of-insolvency-has-a-potential-buyer?utm_source=newsletter&utm_medium=email&utm_campaign=Yorkshire_22nd_May_2025_Daily
