FOCUS: Back from the brink, British Steel starts to convince the doubters

Sitting in a control room and overlooking a wire rod mill in full flow, veteran steelworker Ian Strickland casts his mind back to losing his job at a steelworks in Rotherham, Northern England, just over a decade ago.

With a young daughter to support at home, this twist in life was worrying and Strickland was unsure of his next move before securing a job in a long steel plant in the neighbouring town of Scunthorpe.
“I thought I was on the scrap heap, but 12 years later, I’m still here,” Strickland said.
Little over a year ago, it appeared that Strickland’s Scunthorpe plant also had its days numbered.
Huge losses by former owners Tata Steel UK, led to the Indian conglomerate putting the Scunthorpe unit up for sale as it considered shelving its UK business interests entirely.
But instead of going the same way as many other UK steelmaking plants in recent times, the Scunthorpe site did not shut up shop. It was bought by turnaround firm Greybull Capital in June 2016 and now operates under the revived British Steel name. 

“It...

Published

Lee Allen

June 14, 2017

17:10 GMT

London