British Steel (1967–1999)
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British Steel (1967–1999)
British Steel was a major British steel producer. It originated from the nationalization, nationalised British Steel Corporation (BSC), formed in 1967, which was privatised as a public limited company, British Steel plc, in 1988. It was once a constituent of the FTSE 100 Index. The company merged with Koninklijke Hoogovens to form Corus Group in 1999. History Alasdair M. Blair (1997), Professor of International Relations and Head of the Department of Politics and Public Policy at De Montfort University, has explored the history of British Steel since the Second World War to evaluate the impact of government intervention in a market economy. He suggests that entrepreneurship was lacking in the 1940s; the government could not persuade the industry to upgrade its plants. For generations, the industry had followed a piecemeal growth pattern that proved relatively inefficient in the face of world competition. The Labour Party (UK), Labour Party came to power at the 1945 United K ...
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Corus Group
Corus may refer to: Places *Çörüş, Gazipaşa, a village in Antalya Province, Turkey Facilities and structures * Corus Quay, Toronto, Ontario, Canada; an office tower Fictional locations * Corus, a fictional world that is the setting for the fantasy series ''The Corean Chronicles'' by L. E. Modesitt, Jr. People Mythological characters * Corus or Caurus, one of the Anemoi#Minor winds, Anemoi and the Roman god of the northwest wind *Corus (mythology), in Greek mythology the spirit and personification of surfeit and disdain Events * Battle of Corus (281 BC) Companies *Corus Group plc, UK/Netherlands steel company * Corus Bankshares, a financial holding group * Corus Entertainment, a Canadian entertainment company ** Corus Québec (formerly ''Radiomédia''), a news-talk radio network *Corus Hotels, hotel chain Sport * Corus chess tournament, former name for the Tata Steel Chess Tournament held in the Netherlands *Corus (Port Talbot) RFC, former name of Welsh rugby football cl ...
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Iron And Steel Act 1967
The Iron and Steel Act 1967 was an Act of Parliament of the United Kingdom, which regulated corporate governance in the iron and steel industries. It required that employees had voting rights for the board of directors. Contents Schedule 4, Part V, stated that the corporation was required to participate in discussions with the workforce. Under this provision, worker directors were introduced in 1969. {{expand section, date=October 2015 See also *UK labour law *UK company law The United Kingdom company law regulates corporations formed under the Companies Act 2006. Also governed by the Insolvency Act 1986, the UK Corporate Governance Code, European Union Directives and court cases, the company is the primary legal ... References *Labour Party, ''Industrial Democracy'' (1967) §92 *E Ganguin, ‘B.S.C.’s worker directors take stock of their first year’ (25 June 1969) Financial Times *Bacot, ‘Blue Collars in the Boardroom’ (May 1972) Bus Ad 88 *P Brannen, ‘Worker d ...
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Guest, Keen And Nettlefolds
GKN Ltd is a British multinational automotive and aerospace components business headquartered in Redditch, England. It is a long-running business known for many decades as Guest, Keen and Nettlefolds. It can trace its origins back to 1759 and the birth of the Industrial Revolution. The company's name is the initials of three early figures in its history: John Guest, Arthur Keen, and Joseph Henry Nettlefold. All three were key figures in the field of iron and steel during the Industrial Revolution. Ivor Guest sold the '' Dowlais Iron Company'' in Wales to Arthur Keen and Windsor Richards of Birmingham's '' Patent Nut and Bolt Company'' in June 1900. They combined the two businesses and formed ''Guest, Keen & Co. Limited'' on 1 November 1900. A little over twelve months later, Guest Keen & Co bought and amalgamated '' Nettlefolds Limited'' into their new combine giving it the style ''Guest, Keen and Nettlefolds Limited''. Throughout the majority of the twentieth century, th ...
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United Steel Companies
The United Steel Companies was a steelmaking, engineering, coal mining and coal by-product group based in South Yorkshire and Lincolnshire, England. History The company was registered in 1918 and the following year saw a joining together of steel makers Samuel Fox and Company of Stocksbridge; Steel, Peech and Tozer of Templeborough and Ickles in Rotherham; the Appleby-Frodingham Steel Company of Scunthorpe; and the coal mining and by-products interests of Rother Vale Collieries at Orgreave, Treeton and Thurcroft. Over the years other companies were added to the portfolio: The Sheffield Coal Company, owners of Birley Collieries, Brookhouse and North Staveley collieries, was bought by the United Steel Companies in 1937. This also included coal by-product operations at Orgreave and Brookhouse, suppliers of Metallurgical Coke for Blast Furnaces. The Kiveton Park Colliery Company was taken over in 1944 with reserves from, amongst others, the Barnsley seam being an attractiv ...
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Stewarts & Lloyds
Stewarts & Lloyds was a steel tube manufacturer with its headquarters in Glasgow at 41 Oswald Street. The company was created in 1903 by the amalgamation of two of the largest iron and steel makers in Britain, A. & J. Stewart & Menzies, Coatbridge, North Lanarkshire, Scotland and Lloyd & Lloyd, Birmingham, England. History Stewart & Menzies Ltd A. & J. Stewart & Menzies Ltd. was founded as A. & J. Stewart. Andrew Stewart was originally employed as a salesman by Eadies of Dalmarnock, South Lanarkshire, specialists in the manufacture of lap-welded and loose flange tubes. Stewart saw a market for gas pipe but the company would not acknowledge his proposals. In 1860, Andrew set up business as a maker of butt-welded and lap-welded tubes, establishing a small works at St Enochs, Glasgow, taking his brother James into partnership in 1862. The company met with rapid success and in 1867 moved to a large site at Coatbridge, North Lanarkshire, where they built the Clyde Tube Works. In 188 ...
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Steel Company Of Wales
The Steel Company of Wales Ltd was a Welsh steel and tinplate producer. It was formed in 1947 and absorbed into British Steel Corporation in 1967, British Steel then merged with Hoogovens and became Corus UK Limited. The business now forms part of Tata Steel Europe. The company led the restructuring of the steel and tinplate industries around Swansea and Llanelli, building the Abbey Steelworks at Margam, planning a new Deep Water Harbour at Port Talbot, a new tinplate works at Trostre and Velindre. Trostre came into production in 1951 and Velindre in 1956. The Steel Company of Wales was nationalised in 1951, becoming part of the Iron and Steel Corporation of Great Britain The Iron and Steel Corporation of Great Britain was a nationalised industry, set up in 1949 by Clement Attlee's Labour government. The Iron & Steel Act 1949 took effect on 15 February 1951, the Corporation becoming the sole shareholder of 80 of ..., was denationalised shortly afterwards, becoming the S ...
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South Durham Steel & Iron Company
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of a ...
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Round Oak Steelworks
The Round Oak Steelworks was a steel production plant in Brierley Hill, West Midlands (formerly Staffordshire), England. It was founded in 1857 by Lord Ward, who later became, in 1860, The 1st Earl of Dudley, as an outlet for pig iron made in the nearby blast furnaces. During the Industrial Revolution, the majority of iron-making in the world was carried out within 32 kilometres of Round Oak. For the first decades of operation, the works produced wrought iron. However, in the 1890s, steelmaking was introduced. At its peak, thousands of people were employed at the works. The steelworks was the first in the United Kingdom to be converted to natural gas, which was supplied from the North Sea. The works were nationalized in 1951, privatized in 1953 and nationalized again in 1967 although the private firm Tube Investments continued to part manage the operations at the site. The steelworks closed in December 1982. History The Round Oak Iron Works The Ward family, Lords of Dudley Castle ...
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Park Gate Iron And Steel Company
The Park Gate Iron and Steel Company was a British company that smelted iron ore and turned it into rolled steel and semi-finished casting products. Its works was at Parkgate, South Yorkshire on a triangular site bounded on two sides by the main road between Rotherham and Barnsley ( A633) and the North Midland Railway main line between and . It also operated ironstone quarries in Northamptonshire and Leicestershire. Early history Records from 1823 show the establishment of a Parkgate Ironworks by Samuel Sanderson and a Mr Watson. This was at the junction of Rotherham Road and Taylors Lane with part of the works facing the Greasbrough Canal. The company was sold in 1832 and became the Birmingham Tin Plate Company. Over the years, along with the business changing hands several times, the works expanded across Rotherham Road to the Park Gate site, which continued until the 1970s. The first blast furnace was installed in 1839 and, after another change in ownership, a mill for the ro ...
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Lancashire Steel Corporation
The Lancashire Steel Corporation Ltd was a United Kingdom steel producer. The company was formed in 1930 by amalgamating the iron and steel interests of the Pearson & Knowles Coal & Iron Co, the Partington Steel & Iron Co, and the Wigan Coal & Iron Co. The company was nationalised in 1951, becoming part of the Iron and Steel Corporation of Great Britain, but de-nationalised shortly afterwards. It was renationalised in 1967, becoming part of the British Steel Corporation. The main works were at Irlam Irlam is a suburb in the City of Salford, Greater Manchester, England. In 2011, it had a population of 19,933. It lies on flat ground on the south side of the M62 motorway and the north bank of the Manchester Ship Canal, southwest of Salford .... Sources * Whitaker's Almanack (various dates) Defunct companies of the United Kingdom Steel companies of the United Kingdom Former nationalised industries of the United Kingdom 1930 establishments in England History of Salfor ...
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John Summers & Sons
John Summers & Sons Ltd was a major United Kingdom iron and steel producer, latterly based on the Dee Estuary at Shotton, Flintshire. The company was absorbed into British Steel Corporation in 1967; British Steel became Corus in 1999 and this company was taken over by Tata Steel in 2007. Early life The founder, John Summers, was born in Bolton, Lancashire in 1822. While working as a clogger, he visited the Great Exhibition in 1851, where he bought a nail making machine, and commenced making nails with which to fasten the iron strips on to the soles of clogs. In 1852, Summers moved into Sandy Bank Iron Forge at Stalybridge, where he successfully concentrated on the production of clog irons and nails. He then purchased land near the forge, and built a new ironworks, known as the Globe Works. The Business John Summers died on 10 April 1876, at the age of 54. Three of his sons, James, John and Alfred, carried on the business, and they were joined by another brother, Henry Hall S ...
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English Steel Corporation
The English Steel Corporation Ltd was a United Kingdom steel producer. The company was jointly owned by Cammell Laird and Vickers and was formed to bring together their basic steel making interests, principally in the Sheffield area but also including a plant in Openshaw, Manchester. The company was nationalised in 1951, becoming part of the Iron and Steel Corporation of Great Britain, was denationalised shortly afterwards, and renationalised and was absorbed into British Steel Corporation in 1967. It was then subsequently privatised. Eventually the present business was acquired by a management buy out in 2005 and is now called Sheffield Forgemasters Sheffield Forgemasters is a heavy engineering firm located in Sheffield, South Yorkshire, England. The company specialises in the production of large bespoke steel castings and forgings, as well as standard rolls, ingots and bars. The comp .... For more information see the constituent companies articles. Sources * Whitake ...
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