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Barrett Steel Plans to Buy UK Distribution Sites from British Steel

Steel News - Published on Wed, 12 Feb 2020

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UK’s largest steel stockholder Barrett Steel confirmed its intentions to purchase a number of British Steel distribution centres immediately upon the sale of British Steel to Jingye. Barrett Steel is hopeful of securing British Steel Metal Centre sites including: Wolverhampton, Dartford, Newcastle and Scunthorpe alongside offices in Cheadle and Edinburgh.

It said “We are currently awaiting the sale of British Steel to be finalised. Discussions are continuing, but we would like to clarify that the sale between Jingye and Barrett’s will only be completed once the sale between British Steel and Jingye is confirmed.”

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Posted By : Rabi Wangkhem on Wed, 12 Feb 2020
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