ADS Group wants continuity of production as Sanjeev Gupta seeks finance after collapse of Greensill
The aerospace industry is calling for the government to intervene to secure the supply of specialist steel products it relies on, amid struggles for funding for Liberty Steel.
Liberty Steel’s owner, Sanjeev Gupta, is urgently seeking finance after the collapse of Greensill Capital, previously its key lender. Liberty Steel is the UK’s third-largest steelmaker, with about 3,500 workers, while Gupta’s broader GFG metals empire employs about 35,000 people worldwide.