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Liberty Steel Group
Liberty Steel Group Holdings UK Ltd (LSG), which is also referred to as Liberty House or Liberty House UK, is a British industrial and metals company founded in the United Kingdom in 1992 by industrialist Sanjeev Gupta. It is headquartered in London, England, and has offices in Dubai, Singapore, and Hong Kong. The company is a subsidiary of Gupta's GFG Alliance. The holding company of Liberty Steel, Liberty House Group PTE Ltd is based in Singapore. History Liberty House was founded by Sanjeev Gupta in 1992, when he was a student at Cambridge University. Living on campus at Trinity College, he registered his company at the college. When this was discovered, he was asked to leave the residence. In 2013, Liberty House Group (LHG) was a surprise buyer for a steel mill in Newport, South Wales, Mir Steel UK, that had got into financial difficulties. Companies owned by Gupta and his family went on to make further acquisitions in the UK. Together with the SIMEC Group, part of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanjeev Gupta
Sanjeev Gupta is an Indian-born British businessman, and the founder of Liberty House Group. He is the CEO and chairman of GFG Alliance, an international conglomerate that operates primarily in the steel and mining industries, its major subsidiaries being the Liberty Steel Group, Alvance Aluminium Group, and the SIMEC Group, which develops and produces renewable energy. After building the family business largely by the purchase of various steelmaking businesses in the UK, he purchased Arrium in Australia in 2017, followed by aluminium businesses in Europe. Following the collapse of Greensill Capital in the UK in 2021, Gupta has been under scrutiny for his ties to the failed company. He is also in trouble in Australia, where his company that owns the Whyalla Steelworks was forced into administration by the Government of South Australia in February 2025, with unpaid debts totalling more than A$300 million. He has homes in the UK, Dubai, and Australia. Early life and education San ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rotherham
Rotherham ( ) is a market town in South Yorkshire, England. It lies at the confluence of the River Rother, South Yorkshire, River Rother, from which the town gets its name, and the River Don, Yorkshire, River Don. It is the largest settlement of the Metropolitan Borough of Rotherham. Before the Industrial Revolution, traditional industries included farming, glass making and flour milling. In the late 18th and 19th centuries, Rotherham became known for its coal mining and, later, steel industries. The town's Historic counties of England, historic county is Yorkshire, and Rotherham was once part of the West Riding of Yorkshire. In 1974, this administrative county was abolished during a reorganisation of local government. Subsequently, Rotherham became part of the county of South Yorkshire, where it makes up one of four metropolitan boroughs. Rotherham had a population of 109,691 in the 2011 Census for England and Wales, 2011 census. The borough had a population of , the List of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Voluntary Administration
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (sometimes referred to as a receiver and manager) (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Australia
South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which includes some of the most arid parts of the continent, and with 1.8 million people. It is the fifth-largest of the states and territories by population. This population is the second-most highly centralised in the nation after Western Australia, with more than 77% of South Australians living in the capital Adelaide or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 26,878. South Australia shares borders with all the other mainland states. It is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria (state), Victoria, and to the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whyalla
Whyalla is a city in South Australia. It was founded as Hummock's Hill, and was known by that name until 1916. It is the fourth most populous city in the Australian state of South Australia after Adelaide, Mount Gambier, and Gawler, and along with Port Pirie and Port Augusta is one of the three towns to make up the "Iron Triangle". It is a seaport located on the east coast of the Eyre Peninsula and is known as the "Steel City" due to its integrated steelworks and shipbuilding heritage. The Whyalla Steelworks is the major employer in the town, and has in February 2025 been put into voluntary administration by the Government of South Australia. The port of Whyalla has been exporting iron ore since 1903. Description The city consists of an urban area bounded to the north by the railway to the mining town of Iron Knob, to the east by Spencer Gulf, and to the south by the Lincoln Highway. The urban area consists of the following suburbs laid from east to west extending from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whyalla Steelworks
The Whyalla Steelworks is a fully integrated steelworks and the only manufacturer of rail in Australia. It produces 75% of all structural steel in Australia. Iron ore is mined in the Middleback Range to feed the steelworks, resulting in the distribution of finished steel products of over 90 different grades. It occupies a site on the shore of False Bay (South Australia), False Bay, Spencer Gulf and is the largest employer in Whyalla, South Australia. Opened in 1941, along with a major shipyard, the steelworks were owned by BHP, and many of the vessels were produced for the use of BHP Shipping. The shipyards were closed in 1978. OneSteel, later Arrium was a company spun out from BHP in 2000, and owned the steelworks until the company went into administration in 2017. It was bought by Liberty House Group, a subsidiary of the British company GFG Alliance, owned by Sanjeev Gupta, and the OneSteel brand was changed to Liberty OneSteel. After the company had incurred massive debts, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arrium
Arrium was an Australian mining and materials company, employing nearly 10,000 workers before going into voluntary administration in 2016 with debts of more than $2 billion. In 2017 it was acquired by British-owned Liberty House Group. History Establishment The company was spun off from BHP in 2000 as an almost entirely domestically focused steel manufacturer and distributor branded as OneSteel. Among its principal assets were the Whyalla Steelworks, Whyalla harbour and iron ore mining operations along the Middleback Range, about west of Whyalla. The company subsequently expanded its businesses in mining, mining consumables, steel, and recycling. Company acquisitions and sales In 2006, an agreement was announced under which OneSteel would buy out scrap metal company Smorgon Steel for US$1.2 billion. However, concerns by competition regulator, the Australian Competition & Consumer Commission (ACCC), delayed the process, as did concerns by construction industry trad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Midlands (region)
The West Midlands is one of nine official regions of England at the first level of International Territorial Level for statistical purposes. It covers the western half of the area known traditionally as the Midlands. The region consists of the counties of Herefordshire, Shropshire, Staffordshire, Warwickshire, West Midlands and Worcestershire. The region has seven cities: Birmingham, Coventry, Hereford, Lichfield, Stoke-on-Trent, Wolverhampton and Worcester. The West Midlands region is geographically diverse, from the urban central areas of the West Midlands conurbation to the rural counties of Herefordshire, Shropshire which border Wales, and Worcestershire. The region is landlocked; however, the longest river in the UK, the River Severn, traverses the region south-eastwards, flowing through the county towns of Shrewsbury and Worcester, and the Ironbridge Gorge, a UNESCO World Heritage Site. Staffordshire is home to the industrialised Potteries conurbation, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wednesbury
Wednesbury ( ) is a market town in the Sandwell district, in the county of the West Midlands (county), West Midlands, England; it was historically in Staffordshire. It is located near the source of the River Tame, West Midlands, River Tame and is part of the Black Country. Wednesbury is situated 5 miles (8km) south-east of Wolverhampton, 3 miles (4.4km) south-west of Walsall and 7 miles (11.8km) north-west of Birmingham. At the United Kingdom 2021 Census, 2021 Census, the town's built-up area had a population of 20,313. History Medieval and earlier The substantial remains of a large ditch excavated in St Mary's Road in 2008, following the contours of the hill and predating the Early Medieval period, has been interpreted as part of a hilltop enclosure and possibly the Iron Age hillfort long suspected on the site. The first authenticated spelling of the name was Wodensbyri, written in an endorsement on the back of the copy of the will of Wulfric Spot, dated 1004. Wednesbury (" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
