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British Steel (2016–present)
British Steel Limited is a long steel products business owned by Chinese company Jingye Group. It was founded in 2016 with assets acquired from Tata Steel Europe by Greybull Capital, before being acquired by Jingye Group in 2020. The primary steel production site is Scunthorpe Steelworks, with rolling facilities at Skinningrove Steelworks, Teesside. History During the 2010s, a combination of reduced demand for steel in Europe after the 2008 financial crisis and Great Recession and high company indebtedness led to the Tata Group beginning a sales process for the long products division of Tata Steel Europe to the Klesch Group. In 2014 the long products division employed approximately 6,500 workers and was operating with 2.8 million tonne p.a. capacity. The division included primary production at Scunthorpe steelworks, mills in Teesside (Teesside beam mill, Skinningrove and Darlington special profiles), France (Hayange rail mill) and Scotland (Dalzell and Clydebridge Steelw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scunthorpe
Scunthorpe () is an industrial town in Lincolnshire, England, and the county's third most populous settlement after Lincoln, England, Lincoln and Grimsby, with a population of 81,286 in 2021. It is the administrative centre and largest settlement of the North Lincolnshire district. Scunthorpe lies north of Lincoln and is between Grimsby to the east and Doncaster to the west, while Kingston upon Hull, Hull is to the north-east via the Humber Bridge. Etymology The town appears in the Domesday Book of 1086 as , which is from the Old Norse language, Old Norse meaning "Skuma's homestead", a site which is believed to be in the town centre, close to Market Hill. Today Skuma’s homestead means ‘A secondary settlement, a dependent outlying farmstead or hamlet’. History Scunthorpe as a town came into existence due to the exploitation of the local ironstone which began in 1859; iron production commenced in 1864, Scunthorpe Steelworks, steel smelting in 1891. Scunthorpe's populat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
