LIBERTY Steel has announced that 440 jobs across its UK plants will be at risk under restructuring plans to mothball at least two factories and reduce production at a third.
The steelmaker said its plant in Newport, Wales will be idled and transformed into a sales and distribution hub for LIBERTY products. Meanwhile, its West Bromwich facility will close and primary production at LIBERTY’s Rotherham plant will be reduced. LIBERTY, part of Sanjeev Gupta’s GFG Alliance, said “high energy costs” and “imports from countries without…
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