Liberty Steel boss Sanjeev Gupta warns over loss-making plants
Sanjeev Gupta, owner of Liberty Steel, says he is seeking new funding after its lender went under. …
First, steelmaking provides highly skilled manufacturing roles, sometimes in areas where they are otherwise in short supply, commanding a wage more than 25% above the national average. And it doesn’t stop with the steel plant. For every one person directly employed (there are more than 30,000 in total), the industry supports two more livelihoods across the supply chain, plus more jobs in the local economy.