Internal restructuring
United Kingdom
Yorkshire and the Humber; South Yorkshire; Sheffield
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

100 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2016
Employment effect (start)
Foreseen end date


Sheffield Forgemasters has announced that it is to cut 100 jobs.  The move comes at a time when the UK steel industry is under considerable strain.  The company's products include parts for submarines carrying the Trident nuclear deterrent.  Sheffield Forgemasters announced its first ever loss to the end of 2014.  The company released a statement saying that it would consult on 'up to 100 redundancies' and that all divisions of the company would be affected. The company, which has operated since 1805 currently employs just under 800 staff. The timetable for the job losses is not yet known; the mandatory consultation must conclude before any job cuts can be made.


  • 20 January 2016: The Guardian


Eurofound (2016), Sheffield Forgemasters, Internal restructuring in United Kingdom, factsheet number 86251, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86251.