You didn't turn the slip ring when the steering wheel was off then put it back on as it can only turn a certain amount of times so if you put it back on one turn out of place when you full lock the steering wheel it will snap the coil thing inside the slip ring.
could have been, i dont know.
i took the wheel back off ,after looking at the slip ring thing on my old wheel, and maybe i had it located wrong?

?
as it can move freely round the wheel,or get stuck and only move an inch each way.....maybe it was in this postion first time?

.any how it moved nicely when i refitted it....and the light went out as normal.....so im happy, whatever the problem was its sorted now...fingers crossed.
is there anyway you can buy new slip rings/and the loom with the plug that connects to the car?

as my plug was snapped when i got the wheel through the post today, i thought this was the issue at first?

?
i managed to glue it and support it with elec tape and it seems ok.
pat.