Liberty Steel Group have today announced that jobs are to be cut due to “challenging” market conditions.
Councillor Mazher Iqbal, Cabinet Member for Business and Investment at Sheffield City Council, said: “It is devastating news to hear of the job losses at Liberty Steel, which could affect many people in Sheffield.
“We know that falling levels of demand and the impact of Brexit have made for very challenging trading conditions but we remain optimistic that, given the skills of the retained workforce and previous investment facilities, there remains a viable and vitally important speciality steels business in Stocksbridge.
“The council is working alongside Liberty Steel to develop re-training and redeployment opportunities with the aim of minimising the number of compulsory redundancies needed. It’s vital the Government act now to provide all necessary support to the business and of course, the individuals concerned.”