Exclusive: Speciality Steel UK, which employs 1,450 people in South Yorkshire, could be supported if it enters administration
Ministers are considering options to step in to save another major steel plant if its parent company collapses into administration after a key court case next week.
The business secretary, Jonathan Reynolds, is understood to be looking at what the government can do to support Speciality Steel UK (SSUK) – part of the Liberty Steel Group owned by Sanjeev Gupta – should it be faced with possible closure after Wednesday’s insolvency hearing.