Industry Minister Sarah Jones has hosted a roundtable to finalise the Government’s upcoming Steel Strategy at Sheffield Forgemasters.

Following on from the inaugural meeting of the UK’s new Steel Council earlier this month, which Sheffield Forgemasters is a member of, this roundtable of more than 30 CEOs and leaders from industry focused on steel demand over the next five and 10 year terms, and is one in a sequence of follow-up events.

The Minister also took a tour of Sheffield Forgemasters’ facilities, allowing the firm to showcase its capabilities and investments, which includes £900 million of upgrades to plant and equipment which will service UK defence and green energy projects, such as SMR nuclear power.

Gary Nutter, Chief Executive Officer at Sheffield Forgemasters, said: “It was a great privilege to host this Steel Strategy roundtable at our site, and offered a chance for the Minister to see what we are doing to align with the Government’s steel and industrial strategy

“The changes to this plant are of national significance and will not only see recapitalisation of plant and equipment, but a physical expansion and the guarantee of highly skilled engineering jobs for decades to come, servicing defence, commercial and clean energy markets.”

Sheffield Forgemasters is the only UK company capable of producing large, complex castings and forgings required by the civil nuclear power industry and is positioned to support a renaissance in British nuclear manufacture.

Sheffield Forgemasters specialises in the design and manufacture of high-integrity forgings and castings for the world’s most complex engineering challenges; operating a fully integrated end-to-end manufacturing process, including steel-making, forge, foundry, machining and testing, from a single site in Sheffield. 

Some of the largest bespoke engineered steel products in the world are produced with capacity for castings of up to 350 tonnes and forgings of up to 200 tonnes finished weight.

Global markets include Defence, Civil Nuclear, Offshore, Power Generation, Renewables, Steel Plant, Steel Processing and Ingot & Bar.

The company was acquired in August 2021 by the Ministry of Defence who intend to make significant investments to re-capitalise defence-critical plant and equipment on site.

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