41% Micro
39% Small
12% Mid
6% Large
2% Mega
UK Steel Industry Information
The basic metals industry involves smelting or refining metals from ore or scrap to produce basic metals products such as plate, sheet, strip, bars, rods, wire, tubes and pipes.
Active Businesses
2,093
Annual Sales
£28bn +
Employees
63,967
Economic Contribution
£5bn
Tags
41% Micro
39% Small
12% Mid
6% Large
2% Mega
44% Mature
22% Established
17% Young
16% Startup
2% New
30% Healthy
26% Declining
23% High
13% Rapid
8% Low
Steel Industry Competitive Environment - New Entrants vs Leavers
Steel Industry Valuation
EBITDA Multiple
Steel Industry Valuation
Turnover Multiple
Steel Industry Valuation
Net Asset Multiple
There are 2,093 active Businesses in the UK with combined annual sales of £28 billion .
The Industry employs around 63,967 people and contributes £5 billion to the economy.
The most popular location for Steel companies is West Midlands with 406 and the fewest are located in Northern Ireland with 56.
The largest Steel company is P.j. Pipe & Valve Co. Limited with a turnover of £16.3bn. 41% of the industry is comprised of Micro companies with only 12% Mid companies.
16% of the Steel Industry is made up of 16% Startup but the majority are Mature businesses (44%) the oldest company is Joseph And Jesse Siddons Limited founded in 1881.
Steel industry has a number of high growth companies (13%), the fastest growing company is Bridge Aluminium Limited with a 3 year growth rate of 117%. Other fast growing companies include Exfavilla Limited (63%), F. Brazil Reinforcements Limited (46%) and Castalum Limited (44%).
The UK Steel Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 6.96x, Turnover multiple of 0.99x and a Net Asset multiple of 1.70x.