Government moves to nationalise Speciality Steel UK to protect 1,300 jobs
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on September 14, 2026 • Originally reported by Alex Daniel. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on September 14, 2026 • Originally reported by Alex Daniel. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyer
One of Britain’s steelworks is to come into public ownership after the government said it would take over Yorkshire-based Speciality Steel UK (SSUK).
Jonathan Reynolds, the business secretary, said officials would “work towards” acquiring the company to protect the jobs of its 1,300 workers in Rotherham, Stocksbridge and Brinsworth in South Yorkshire and Wednesbury in the West Midlands.
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