Media playback is unsupported on your device

Failed steel contractor Rowecord owes £24m to businesses

24 June 2013 Last updated at 19:35 BST

The failed Newport-based firm that built the Olympic Aquatic Centre roof for London 2012 owes about £24m to businesses and sub-contractors.

Once Wales' biggest steel contractor, it emerged in April that about 430 staff would be made redundant at Rowecord Engineering.

Jordan Davies reports.