Liberty House confirms it will put in a formal bid to buy Tata Steel’s UK assets

The hot rolled mill at Port Talbot steelworks, south Wales, on Tuesday as Liberty House confirmed it will put in a formal bid to buy Tata Steel’s UK assets.

The commodities trading firm, headed by Sanjeev Gupta, was the first to express an interest after the Indian conglomerate announced its decision to dispose of its loss-making UK business, including the nation’s biggest steel plant at Port Talbot.