Liberty Speciality Steel, part of GFG Alliance, is fighting to avoid collapse as a court adjourns a winding-up petition triggered by creditors including Harsco over debts linked to Greensill. MP Marie Tidball has demanded urgent pension protections for 600 workers left without employer contributions for 10 months. Liberty’s shareholder has injected £200 million to keep operations running while the group seeks creditor support for a debt restructuring plan aimed at preserving its critical electric arc furnace steelmaking capacity in the UK.