PARLIAMENTARY WRITTEN QUESTION
Sahaviriya Steel Industries UK: Redcar (10 November 2015)

Question Asked

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.

Asked by:
Anna Turley (Labour)

Answer

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.


Answered by:
Anna Soubry (The Independent Group for Change)
24 November 2015

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