Merchants of the Steelyard
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The Merchants of the Steelyard was the
English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ...
name for the merchants of the
Hanseatic League The Hanseatic League (; gml, Hanse, , ; german: label=Modern German, Deutsche Hanse) was a medieval commercial and defensive confederation of merchant guilds and market towns in Central and Northern Europe. Growing from a few North German to ...
who first settled in London in 1250 at the
Steelyard The Steelyard, from the Middle Low German (sample yard), was the main trading base () of the Hanseatic League in London during the 15th and 16th centuries. Location The Steelyard was located on the north bank of the Thames by the outflow o ...
on the river-side, near Cosin Lane, now Ironbridge Wharf and established their London Kontor in 1320. Located just west of London Bridge near
Upper Thames Street Thames Street, divided into Lower and Upper Thames Street, is a road in the City of London, the historic and financial centre of London. It forms part of the busy A3211 route (prior to being rebuilt as a major thoroughfare in the late 1960s, it ...
. Cannon Street station occupies the site now. It grew significantly over time into a walled community with its own warehouses, weighhouse, church, offices and houses, reflecting the importance and scale of the activity carried on. It is first referred to as the Steelyard (der Stahlhof) in 1422. The land and buildings still remained the property of the Hanseatic League, and were subsequently let to merchants for business purposes. Destroyed in the Great Fire of 1666 they were rebuilt as warehouses, and were finally sold to the South-Eastern Railway Company in 1852 by the Hanseatic towns, Lübeck, Bremen, and Hamburg.


References

Medieval economic history Hanseatic League Social history of London Economy of medieval England {{business-org-stub