in the last few minutes. it s been announced that the uk s third largest steel maker, liberty, has announced plans to re open its rotherham steel plant. the company says the large majority of its one thousand workers who have been on furlough, will return when operations restart later this month. our business correspondent is here. this sounds like excellent news. it is really good news for the workers in rotherham who have been waiting a long time for this, but it might be confusing for viewers because we have been talking for weeks now about what difficulties the steel industry is in with gas prices four times what they were at the start of the year. speaking to liberty today, they said there is no doubt, it is a difficult time for the industry, gas prices are very high, but they say demand for steel is still very strong and they believe that if they can keep going through this really difficult time that they will emerge stronger. there is an added sort of different thing a
Times what they were at the start of the year. speaking to liberty today, they said there is no doubt, it is a difficult time for the industry, gas prices are very high, but they say demand for steel is still very strong and they believe that if they can keep going through this really difficult time that they will emerge stronger. there is an added sort of different thing about this plant as well, it supplies another one of their businesses that they are trying to sell at the moment and the hope is, if they can keep that going, if they can keep the business going, if they can keep the business going, it shows viability for a potential buyer. going, it shows viability for a potential buyer. they have had financial issues potential buyer. they have had financial issues though. - potential buyer. they have had financial issues though. yes, i potential buyer. they have had | financial issues though. yes, in potential buyer. they have had - financial issues though. yes, in the ast, the f
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Business has got a reputation for pulling rabbits out of hats. liberty like other businesses pulling rabbits out of hats. liberty like other businesses are - pulling rabbits out of hats. liberty like other businesses are now- pulling rabbits out of hats. liberty i like other businesses are now going to be pushing the government for support. to be pushing the government for su ort. ., , to be pushing the government for su-nort. ., , , support. that is absolutely right, -ushina support. that is absolutely right, pushing for support. that is absolutely right, pushing for support support. that is absolutely right, pushing for support and - support. that is absolutely right, pushing for support and looking i pushing for support and looking ahead to the climate conference that is coming up to see what governments around the world are going to do when it comes to steel which is clearly very fossil fuel intensive industry and they will be looking to see what the mood music is coming out
This is bbc news the headlines at eight. uk s steel maker, liberty, announces plans to re open its rotherham steel plant. the company says the majority of its thousand furloughed workers will return when operations restart later this month. it comes as steel makers across the country say that the industry could be permanently damaged. as other businesses call for help the government acknowledges the problem. i think it is a critical situation, clearly i am speaking to industry is and the high gas prices, they quadruple this year and they are making an impact. a warning on catching covid and flu at the same time and how that could double the risk of death. it s a knockout britain s tyson fury defeats the american deontay wilder in the 11th round to retain his heavyweight title in las vegas.