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British Steel

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Potential Buyers Lining Up to Acquire British Steel 

08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper. 

Early Interest in British Steel Buoys Hopes  

28 May 2019 - Potential buyers are kicking the tires on British Steel, giving some hope that the U.K. long products maker might be saved. 

British Steel Collapses Amid Brexit Uncertainty

22 May 2019 - The U.K.’s second-largest steel producer has been thrust into liquidation after it failed to secure a government lifeline.

British Steel Names New CEO

25 April 2019 - Gerald Reichmann has taken the reins of British Steel as its new chief executive officer, the company has said.

Report: U.K. Steelmaker Eyes Up Pennsylvania Wire Processor

05 November 2018 - British Steel is said to be looking at buying Pennsylvania’s Johnstown Wire Technologies, the (London) Financial Times reports.  

British Steel Announces Layoffs

14 September 2018 - U.K.-based long products producer British Steel said on Friday that it will eliminate 400 managerial, professional and administrative positions in an effort to cut costs and provide for long-term growth. 

British Steel CEO Steps Aside

26 December 2017 - Less than a year into his tenure, the chief executive of the new British Steel has stepped down, reports the (London) Financial Times.

British Steel Opens International Sales Offices

18 August 2017 - A year following its split from Tata Steel Europe, British Steel officially has established its international presence, opening nine overseas sales offices under its brand. 

British Steel Blast Furnace Knocked Off-Line

07 July 2017 - A technical problem has forced British Steel to shut down one of its two operating blast furnaces, reports news and pricing service Platts. 

To Drive Sales, British Steel Invests in New Rail Facility

05 April 2017 - British Steel has opened a new long-rail logistics center in northern Italy to support sales in that country. 

British Steel Names Industry Veteran as Top Executive

20 July 2016 - Roland Junck, who once oversaw ArcelorMittal, has been named executive chairman of the new British Steel, the U.K. steelmaker announced on Thursday.

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