Liberty Steel secures £50m

"Liberty Steel can now fire up those furnaces to restart steelmaking having secured a 50m cash injection. This is great news for employees, great news for steel stockholders..."

High Peak Steels welcomes the news that Liberty Steel has managed to gain this support. After one of the most volatile years in the industry we have ever seen, this move will bring much needed steel production back to the UK.

As shipping, transportation and supply have had a significant impact on prices and reliable service many engineers and manufacturers have struggled.

High Peak Steels wish Liberty Steel Group the very best in the coming days, in what will hopefully be a return to normal for them.