28 Sep 2015 -
Thailand’s Sahaviriya Steel Industries (SSI) said it will mothball its Redcar steel works in Teesside, England, and lay off approximately 1,700 employees -- most of its workforce.
25 Sep 2015 -
British steelmakers and labor unions have called on government to offer more help to the industry in the wake of the production halt at SSI UK’s Redcar mill.
21 Sep 2015 -
Thailand's Sahaviriya Steel Industries (SSI) and three main creditors said they will attempt to restructure THB50 billion (US$1.4 billion) in debt to repair the steelmaker’s balance sheet, Reuters reported.
16 Sep 2015 -
Labor unions have called on the British government to do more to support the country's steel industry following reports that SSI UK's Redcar works, along with roughly 3,000 jobs, are in jeopardy.
15 Sep 2015 -
One of the United Kingdom’s largest steel mills is in financial peril, having missed a series of loan repayments to its banks, according to The Telegraph newspaper.