170 jobs to go as historic steel plant set to close
The Chronicle
|June 04, 2025
COMPANY ANNOUNCED OPERATIONS WILL CEASE IN 2026
THE closure of a historic steel plant in Gateshead which employs almost 200 people has been confirmed. Union Electric Steel has announced that its operations in the UK will cease in Spring 2026.
The plant currently employs around 170 people but its American owners announced earlier this year that it was considering closure.
That move has now been confirmed, with the company saying it had made the decision after “a comprehensive analysis of the company’s long-term viability in the UK market, including the impact of economic pressures and shifts in global demand.”
Formerly known as Davy Roll, the site has been producing steel for more than 150 years. But challenges including high energy costs and inflation contributed to a near £6m loss in 2023 and a decrease in its workforce.
Cette histoire est tirée de l'édition June 04, 2025 de The Chronicle.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Chronicle
The Chronicle
'They were good but we were better' - Le Bris
REGIS
2 mins
January 03, 2026
The Chronicle
THE LIES HAVE IT
DAWN FRENCH REVEALS TO YOLANTHE FAWEHINMI WHY SHE WAS TEMPTED BACK INTO STARRING IN A NEW SITCOM
4 mins
January 03, 2026
The Chronicle
Chef to the stars
LAUREN TAYLOR meets renowned chef Nobuyuki 'Nobu' Matsuhisa to talk A-list guests and why he has no plans to retire
2 mins
January 03, 2026
The Chronicle
Stokes stands by 'Bazball' set-up
BEN
2 mins
January 03, 2026
The Chronicle
Vive la resolutions
FROM DITCHING YOUR LED MASK TO DECLUTTERING, EXPERTS REVEAL THE SIX BEAUTY TRENDS TO CONSIDER IN THE NEW YEAR.
2 mins
January 03, 2026
The Chronicle
Lidl store to be built despite 'horrific' traffic flow fears
A NEW Lidl supermarket has been given the green light.
1 min
January 03, 2026
The Chronicle
Sickening paedophile dies in jail just months into lengthy sentence
'VILE PREDATOR' SUBJECTED GIRLS TO 'HORRIFIC ORDEALS'
1 mins
January 03, 2026
The Chronicle
Landlord banned from renting out properties for two years
A LANDLORD from Gosforth has been banned from renting out properties due to his repeated failure to ensure minimum housing safety standards.
1 min
January 03, 2026
The Chronicle
Hotchkiss is wary of Blue Star threat
NORTHERN LEAGUE
1 mins
January 03, 2026
The Chronicle
Slimmer loses 6 stones in less than two years
FOOD was once the highlight of the day for Katie Atkins, who had become trapped in a routine of regular takeaways and very little exercise.
2 mins
January 03, 2026
Listen
Translate
Change font size