The revival of the British Steel brand marks a new chapter in the life of Scunthorpe Rod Mill (SRM) following completion of the sale of Tata Steel’s Long Products division to UK-based investment firm, Greybull Capital.
The new British Steel was created on 1st June 2016 when Greybull Capital bought the Long Products Europe business of Tata Steel. The sale marks a new start for the Long Products business, which is based on 150 years of heritage. Following months of uncertainty around the UK steel industry as a whole, British Steel is grabbing its opportunity for a new start with both hands and is working closely with its customers and suppliers to create an agile, effective and competitive supply chain.(…)
