Sahaviriya Steel Industries UK: Redcar

(asked on 10th November 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, what assessment his Department made of the financial viability of the Redcar coke ovens and blast furnace as a standalone operation without South Bank coke ovens.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 24th November 2015

We have made no such assessment. On liquidation of a company, it is the responsibility of the liquidator to sell the free assets of the company. In the case of SSI UK, this was the Official Receiver who is independent. I am informed that the Official Receiver did maintain operations at SSI, including the coke ovens, for a period while he tried to find purchasers for the assets of SSI UK but as of the 12 October, no purchaser had been found and the Official Receiver ceased operations of the coke ovens and blast furnace.

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