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LNP_SSI_Steel_Works_IFO_0008.jpg

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© Licensed to London News Pictures.24/08/15
Teesside, UK.

Stock picture showing the Teesside steelworks of SSI UK who have warned that the industry is fighting to survive with the company facing collapse under the strain of crippling global markets.

The steel works based in Redcar is under threat and fears that it won’t make a profit this year as it battles the crisis.

The business, which supports about 3,000 North-East jobs, says the sector is stuck in a tailspin, intensified by economic woes in China and Russia.

Photo credit : Ian Forsyth/LNP

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LNP_SSI_Steel_Works_IFO_0008.jpg
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© Under licence to London News Pictures. +44 (0) 208 088 1155. Press@londonnewspictures.co.uk
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© Licensed to London News Pictures.24/08/15<br /> Teesside, UK. <br /> <br /> Stock picture showing the Teesside steelworks of SSI UK who have warned that the industry is fighting to survive with the company facing collapse under the strain of crippling global markets.<br /> <br /> The steel works based in Redcar is under threat and fears that it won’t make a profit this year as it battles the crisis.<br /> <br /> The business, which supports about 3,000 North-East jobs, says the sector is stuck in a tailspin, intensified by economic woes in China and Russia. <br /> <br /> Photo credit : Ian Forsyth/LNP