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.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyBritish Steel
ActivityIron and steel maker
Sales £m†1,198
Profit £m†62
Year endMar-17
Principal shareholdersGreybull Capital (100%)

If applicable:

* Supplied by company † Annualised figure