Responding to the news that Tata Steel has completed the sale of its Speciality Steels business to Liberty House Group, Roy Rickhuss, General Secretary of the steelworkers’ trade union, Community, said:
“The completion of the sale will bring some welcome certainty to a workforce that has faced a tough time over recent months and years. It’s testament to the skills and commitment of the steelworkers and the trade union leadership within the business that Liberty has taken on Speciality Steels and given it new hope. This also demonstrates that with the right vision there are opportunities for the UK steel industry to grow. We will continue to work closely with Liberty House in the coming months to ensure that their growth plans and investment deliver the new jobs and the sustainable future for the business that is promised.
“To support and guarantee the success of the business, all parties in the general election must demonstrate a commitment to a joined-up industrial strategy, which will create the environment where Speciality Steels and other steel businesses can thrive. That’s why we will continue to speak up for steel communities and to campaign to Save our Steel.”
The deal secures 1,700 jobs across plants in the UK and China, with Liberty planning to create 300 new jobs at the South Yorkshire sites of the business.