All Steels Trading UK completes acquisition of Bromford Iron & Steel
by David Fleschen
With a history spanning well over 200 years, Bromford Iron & Steel has a widespread and highly positive reputation as being a leading producer of hot rolled long products. Its rolling mills currently employ 38 people at the Oldbury site where activity in iron and steel processing can be traced back as far as 1610. The company has benefitted from regular and extensive investment in new plant and technology to ensure that Bromford’s product quality, flexibility and ability to produce small tonnages notoriously matches world best standards.
As well as being a leading producer of hot rolled steel profiles for horseshoe manufacture, the company is a major supplier to other sectors including oil and gas and chain-making. In addition to Bromford’s standard and non-standard range of flat bars and sections, the business specialises in producing tailor made hot rolled profiles for countless applications that can eliminate time, labour and expensive machining costs. Bromford also provides a number of secondary steel processing services such as pickling and oiling, cold side straightening and heat treatment.
The exciting acquisition of Bromford Iron & Steel offers excellent synergy with All Steels Trading's other UK steel related businesses, but especially with the companies Wolverhampton-based Special Steel Sections re-rolling mill. As a bulk international steel trader, we have the critical mass to obtain extremely competitive raw materials prices and these price savings will inevitably enable Bromford to sustainably grow and fulfil capacity.
This major acquisition also confirms All Steels Trading's commitment to supporting and investing in traditional British industries, and safeguarding a significant number of UK jobs. We believe British companies in this industry sector are more than capable of not just supporting domestic steel requirements but successfully competing on the world stage – and the support of All Steels Trading and our duo of UK steel manufacturing companies will no doubt help Bromford to successfully continue to do just that.
Source: All Steels Trading, Photo: Fotolia