Thai steel company SSI's UK base under threat of closure & job losses

[roamer]

Apologies if this is running elsewhere but a search only bought up the heady days of 2010 when SSI acquired this operation.

SSI Redcar: 2,000 steelworkers await news from Thai owners

" The Thai parent company of a threatened Teesside steel plant has been criticised for its "deafening silence".

Teesside steel firm SSI has suspended production at its Redcar blast furnace, blaming rising costs and a slump in demand.

Unite union branch secretary Kevin Cook said there was only enough coal to keep the coke ovens burning until Friday.

SSI has declined requests for comment and unions said they had not been told what a "pause" in production meant."

http://www.bbc.co.uk/news/uk-england-tees-34335989

" Thai banking sources said SSI's debts related to its UK business would have significant implications on the Thai banking sector if they are reclassified as non-performing loans."

http://uk.reuters.com/article/2015/09/18/uk-sahaviriya-steel-bankruptcy-britain-idUKKCN0RI16820150918

[Crossy]

Yeah it's running here in business http://www.thaivisa.com/forum/topic/856056-thais-not-paying-their-debts/

Let's continue there.