U.K. Steelmaker Declared Insolvent | SupplyChainBrain
The U.K.’s third-largest steelworks has been placed under government control, creating an uncertain future for nearly 1,500 workers at the Speciality Steels UK (SSUK) operations in Rotherham and Stocksbridge in South Yorkshire, reports BBC News. The company, which uses scrap metal to manufacture steel, is owned by Liberty Steel, in turn owned by controversial tycoon…

