IT'S A REAL STEEL DEAL

£50m boost to protect hundreds of jobs

- BEN GLAZE Deputy Political Editor

HUNDREDS of jobs have been saved in a boost for the Mirror’s Save Our Steel campaign.

Liberty Steel announced it was pumping £50million into its plant at Rotherham, South Yorks, which will protect most of the 1,000 posts there.

It comes amid a restructure of GFG Alliance, Liberty’s owner, which was left in trouble when key lender Greensill Capital collapsed in March.

The Rotherham site can now reopen. It was closed in the spring.

Jeffrey Kabel, the company’s chief transformation officer, said: “The injection of £50m of shareholder funds into Liberty Steel UK is an important step in our restructuring.”