Grace's Guide

British Industrial History

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Iron and Steel Investments

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Iron and Steel Investments Ltd, a consortium formed by the "major Steel firms" [1] especially for the purpose of purchasing 3 of the remaining nationalized steel companies.

1963 Purchased Bairds and Scottish Steel, John Baker and Bessemer and Skinningrove Iron Co from the Holding and Realization Agency. All 3 companies were working at much less than full capacity but the new owners had no plans for closure[2].

See Also

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Sources of Information

  1. The Times, 17 January 1963
  2. The Times, 17 January 1963