Norway's Blastr, backed by Vanir Green Industries, emerges as the top contender to acquire Speciality Steel UK's former Liberty Steel assets in South Yorkshire. The UK Insolvency Service enters a five-week exclusive negotiation period to finalize the sale. The assets include the UK's largest electric arc furnace at Rotherham and specialty steel facilities at Stocksbridge. Industry insiders describe the business as fundamentally viable, held back only by its previous owner's chronic lack of working capital.