British Steel

This steel manufacturer was formed in 2016 when Greybull Capital bought the loss-making Long Products Europe division of Tata Steel, formerly known as Corus, for an undisclosed sum. Its 2,000-acre site at Scunthorpe employs about 4,000 and now produces steel for wire rods, rail and construction, as well as projects in the earth-moving, shipbuilding and mining markets. Under executive chairman Roland Junck, 62, it acquired Holland’s FN Steel last October.

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Company details
Year2018
Rank49
CompanyBritish Steel
ActivityIron and steel maker
LocationScunthorpe
Sales £m†1,198
Profit £m†62
Year endMar-17
Principal shareholdersGreybull Capital (100%)
Staff4,978
Founded2016
Websitewww.britishsteel.co.uk

If applicable:

* Supplied by company † Annualised figure