Union leaders say plans to mothball factories and cut production is a 'body blow' to workers.
Liberty Steel has put 440 jobs at risk under plans to mothball three factories and cut production at another.
Up to 185 jobs have been placed at threat in Rotherham under plans to cut production of primary steel, use imported metals and ramp up the making of high-value alloys. Jeffrey Kabel, chief transformation officer for Liberty Steel Group, said: "While our action is expected to regrettably impact the roles of some of our workforce, we will provide a level of guaranteed salary and out placement opportunities through our unique Workforce Solutions programme as an alternative to redundancy."
He added: "Since the collapse of Greensill Capital the trade unions have supported the company because we believed that delivering the company's business plans, which were audited and backed by the unions' independent experts, was the best route to safeguard jobs and the future of all the businesses.
Sarah Champion, the Labour MP for Rotherham, said she was "sickened and beyond angry" by the threat of redundancies and claimed workers had been "abandoned to their fate" by the government.
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