Redcar steelworks: 'British steel industry is in crisis'

SSI UK, which owns the Redcar steelworks, has gone into liquidation.

The Thai parent company was earlier granted an application to wind up the UK arm of its business at the High Court in Manchester.

On Monday, it was announced the plant on Teesside was to be mothballed with the loss of 1,700 jobs.

Gareth Stace, director of UK Steel, said the whole steel sector was ''in crisis'' and needed urgent government support.