41% Micro
40% Small
11% 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
2,074
Annual Sales
£23bn +
Employees
77,536
Economic Contribution
£4bn
Tags
41% Micro
40% Small
11% Mid
6% Large
2% Mega
45% Mature
23% Established
17% Young
15% Startup
0% New
32% Healthy
30% Declining
18% High
10% Rapid
9% 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 2,074 active Businesses in the UK with combined annual sales of £23 billion .
The Industry employs around 77,535 people and contributes £4 billion to the economy.
The most popular location for Steel companies is West Midlands with 399 and the fewest are located in Northern Ireland with 55.
The largest Steel company is Johnson Matthey Plc with a turnover of £14.9bn. 41% of the industry is comprised of Micro companies with only 11% Mid companies.
15% of the Steel Industry is made up of 15% Startup but the majority are Mature businesses (45%) the oldest company is Joseph And Jesse Siddons Limited founded in 1881.
Steel industry has a number of high growth companies (10%), the fastest growing company is Amg Resources Limited with a 3 year growth rate of 72%. Other fast growing companies include Jbr Recovery Limited (63%), Keenan Holdings Limited (42%) and The Commonwealth Mint & Philatelic Bureau Ltd (40%).
The UK Steel Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 6.82x, Turnover multiple of 0.90x and a Net Asset multiple of 1.75x.