Redcar Steel Plant Closes After SSI Liquidate UK Operations

The transcript discusses the crisis at a steelworks plant, where hopes of saving it have faded as the owner, SSI UK, goes into liquidation. Workers share their concerns about job loss and the future, while the government promises financial support. Union representatives express disappointment over minimal redundancy pay. There are concerns about the coke ovens and the plant's future, with the global steel market's overcapacity affecting local industry. The unions emphasize the need to mothball the plant properly or abandon hope of its future use.

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