British Steel

British Steel is a steel manufacturing company. It provides a range of products, including steel structural sections, crane rails, bulb flats, forklift profiles, wire rod, semi-finished products, etc. The company serves construction, automotive, railway, engineering, consumer goods, and other industry sectors.

Employee Rating

3.6More
TypeSubsidiary
Parent CompanyJingye Group
HQScunthorpe, GB
Founded2016
Websitebritishsteel.co.uk
British Steel was founded in 2016 and is headquartered in Scunthorpe, GB

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Key People/Management at British Steel

Antonius Ron Deelen

Antonius Ron Deelen

CEO
Richard Holcroft

Richard Holcroft

Chief Operating Officer, Strategic Development
Peter Smith

Peter Smith

Managing Director
Pete Joyce

Pete Joyce

President, British Steel Americas
Gerard Georges

Gerard Georges

President, SAS British France Rail Holdings & British Steel Rail France
Roland Junck

Roland Junck

Chairman of the Board
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British Steel Office Locations

British Steel has offices in Scunthorpe, Catcliffe, South Killingholme, Düsseldorf and in 6 other locations
Scunthorpe, GB (HQ)
Administration Building, Brigg Rd
Catcliffe, GB
Brunel Way
South Killingholme, GB
Humber Rd
Düsseldorf, DE
Stadttor 1
Monza, IT
Via Italia, 44
Alblasserdam, NL
PO Box 3, 2950 AA
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British Steel Financials and Metrics

Summary Metrics

Founding Date

2016
British Steel is a subsidiary of Jingye Group

British Steel Revenue

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British Steel's revenue was reported to be £1.35 b in FY, 2018 which is a 36.7% increase from the previous period.
GBPFY, 2017FY, 2018

Revenue

990.6m1.4b

Revenue growth, %

37%

Cost of goods sold

504.0m774.8m

Gross profit

486.5m579.6m
GBPFY, 2017FY, 2018

Cash

53.0m22.2m

Accounts Receivable

234.5m215.0m

Prepaid Expenses

14.1m12.5m

Inventories

303.5m357.8m
GBPFY, 2017FY, 2018

Net Income

60.4m6.4m

Depreciation and Amortization

5.9m10.8m

Inventories

(116.9m)(52.4m)

Accounts Payable

12.1m51.3m
GBPFY, 2017

Revenue/Employee

183.6k

Debt/Equity

4.2 x

Debt/Assets

0.4 x

Financial Leverage

10.5 x
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British Steel Operating Metrics

FY, 2018Nov, 2020Mar, 2021

Countries

9

Industries Served

44

Manufacturing Facilities

7

Product Lines

5
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British Steel Acquisitions / Subsidiaries

Company NameDateDeal Size
British Steel America Inc
British Steel Benelux BV.
British Steel France
British Steel France Rail S.A.S
British Steel GmbH
British Steel Italia S.r.1
British Steel Limited
BSUK Steel AB
FNsteel B.V.
FNsteel GmbH
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British Steel Revenue Breakdown

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British Steel revenue breakdown by business segment: 96.9% from Sale of goods and 3.1% from Other

British Steel revenue breakdown by geographic segment: 45.1% from United Kingdom , 42.1% from Europe and 12.8% from Rest of the world

Human Capital Metrics

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British Steel Online and Social Media Presence

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British Steel News and Updates

British Steel launches product which can last up to 120 years

A new low corrosion rate steel that can last up to 120 years has been launched by British Steel

Works begin to transform 'iconic' former British Steel headquarters at Teesworks

Work has begun today on the transformation of the ‘iconic’ former headquarters of British Steel in Redcar. Steel House, at the Teesworks, is being redeveloped to become a new base for the wider Teesworks project. The main building, which is six storeys and 240,000 sq ft, and its connected data centr…

First glimpse of "revitalised" former British Steel HQ at Teesworks site

Tees Valley Mayor Ben Houchen has unveiled his vision for a major regeneration scheme at a former steelworks site. New images show that Steel House is set to be transformed into a central hub for workers on the Teesworks development. The 200,000 sq ft former British Steel Corporation’s Teesside head…

British Steel recruiting 24 apprentices

British Steel is looking to start building the next generation of steelmakers by recruiting 24 apprentices to work at our Scunthorpe headquarters

British Steel delivers world firsts with enhanced Zinoco® coated rail

British Steel has unveiled 2 world firsts with major upgrades to its Zinoco® coated rail
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British Steel Frequently Asked Questions

  • When was British Steel founded?

    British Steel was founded in 2016.

  • Who are British Steel key executives?

    British Steel's key executives are Antonius Ron Deelen, Richard Holcroft and Peter Smith.

  • How many employees does British Steel have?

    British Steel has 3,200 employees.

  • What is British Steel revenue?

    Latest British Steel annual revenue is £1.4 b.

  • What is British Steel revenue per employee?

    Latest British Steel revenue per employee is £423.2 k.

  • Who are British Steel competitors?

    Competitors of British Steel include Stalprodukt, Ferroglobe and Worthington Industries.

  • Where is British Steel headquarters?

    British Steel headquarters is located at Administration Building, Brigg Rd, Scunthorpe.

  • Where are British Steel offices?

    British Steel has offices in Scunthorpe, Catcliffe, South Killingholme, Düsseldorf and in 6 other locations.

  • How many offices does British Steel have?

    British Steel has 10 offices.