Liberty Steel owner pledges not to close any UK plants

Sanjeev Gupta urgently seeking refinancing for owner GFG Alliance after collapse of key creditor Greensill Capital

The Liberty Steel owner, Sanjeev Gupta, has pledged not to shut down any of his steel plants even as creditors seek to wind up key businesses.

Gupta has been urgently seeking refinancing for GFG Alliance, the conglomerate that owns Liberty Steel, after the collapse three weeks ago of Greensill Capital, a key creditor.

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