Why did Consett steelworks close?

Why did Consett steelworks close?

On September 12, 1980, Consett Steelworks closed for the last time. Despite demonstrations and protests, British Steel Corporation deemed the plant was no longer commercially viable, and it was axed with the loss of 4,500 jobs.

When did Consett steel Works close?

1980
In 1980 the death knell sounded for the steel furnaces, and the Consett works closed with the loss of 3,700 jobs.

Where was Consett steel Works?

County Durham
The Consett Iron Company Ltd was an industrial business based in the Consett area of County Durham in the United Kingdom. The company owned coal mines and limestone quarries, and manufactured iron and steel.

Who sold British Steel?

Jingye Group
British Steel was bought by leading Chinese multi-industrial company Jingye Group in March 2020, beginning a new chapter in British steelmaking.

Is Consett safe?

Consett Crime Overview Consett is the second safest small town in Durham, and is the 73rd most dangerous overall out of Durham’s 185 towns, villages, and cities. The overall crime rate in Consett in 2020 was 63 crimes per 1,000 people.

Does China own British Steel?

A Chinese firm completed its takeover of British Steel on Monday. Jingye Group said that the move would save more than 3,000 jobs in Scunthorpe and Teesside and it would modernise the towns’ steelworks.

What is British Steel called now?

Tata Steel
British Steel Limited is a long steel products business founded in 2016 with assets acquired from Tata Steel Europe by Greybull Capital, then acquired by Jingye Group in 2020….British Steel Limited.

British Steel logo (2016–present)
Industry Steel
Parent Jingye Group
Website www.britishsteel.co.uk

Is Consett a nice place to live?

Spectacular countryside, regeneration and competitive house prices have made Consett a place to consider for home hunters. This makes Consett an ideal home for commuting city workers as well as families who are looking to enjoy the great outdoors at the weekend.