Work as usual for steel firm with jobs at risk

A FAMILY steel firm where 120 jobs are at risk is continuing to operate while a new owner is sought.

 

Kiveton Park Steel, which makes products for automotive industry, went into administration in September.

Its financial troubles arose from “unsustainable pressure” on cash flow after a deterioration in the specialist steel market.

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Rotherham Borough Council deputy leader Cllr Gordon Watson said: “Rotherham Investment & Development Office remains in contact and all staff are still there as of December 7. 

“The company is still trading while looking for a buyer.”

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