2021-04-12
Apr. 12, 2021 - British media reported that Liberty Steel
has resumed partial production at its Rotherham plant on 6 April 2021 with some
furlough staff since intermittent operations that started on March 12. A
Liberty Steel spokesman said “Liberty Steel has today resumed partial
production at its Rotherham plant following a period of intermittent operations
since March 12. We are grateful for the support from our customers and
suppliers in enabling the restart and in supporting our self-help measures such
as matching our current stock to customer orders, and working with customers to
achieve terms that will bring in cash earlier.”
Liberty Steel spokesman added “We have also agreed some a
few manufacturing campaigns in other units, including the Stocksbridge furnace,
and the Stocksbridge, Thrybergh and Brinsworth rolling mills. The group
continues to work on solutions to provide additional working capital facilities
to replace the funding gap left by Greensill, and meantime is making use of the
furlough scheme.”
Liberty employs 5,000 in the UK including 1,600 in Rotherham and Stocksbridge where most workers were put on furlough on March 12 to save money.
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