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Transforming lives together

30/07/2022

Why did Consett steelworks close?

Table of Contents

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  • Why did Consett steelworks close?
  • Where was Consett steel used?
  • How safe is Consett?
  • What is the history of the Consett Iron and steel works?
  • What is the purpose of the Consett history project?

Why did Consett steelworks close?

On September 12, 1980, Consett Steelworks closed for the last time. Despite demonstrations and protests, British Steel Corporation deemed the plant was no longer commercially viable, and it was axed with the loss of 4,500 jobs.

Where was Consett steel used?

The Consett Iron Company Ltd was an industrial business based in the Consett area of County Durham in the United Kingdom. The company owned coal mines and limestone quarries, and manufactured iron and steel….Success under William Jenkins.

Year Net Profit £’000s Profit on Capital %
1910 221 12.4

How did Consett get its name?

When ‘Conside’ rose to prominence and became a major town with the development of the iron works the written name ‘Consett’ was used rather than the popular name ‘Conside’ and ‘Consett’ has stuck. Interestingly, in legend, the name Consett is explained as deriving from the name of a giant called Con.

How safe is Consett?

Consett is the second safest small towns in Durham, and is the 74th most dangerous overall out of Durham’s 169 towns, villages, and cities. The overall crime rate in Consett in 2021 was 59 crimes per 1,000 people.

What is the history of the Consett Iron and steel works?

Consett Iron and Steel Works (1840-1980) Derwent Iron Company in Consett was founded in 1840 by Jonathan to quarry and smelt ironstone. After the best local ironstone was depleted the Stockton and Darlington Railway and other local railways were extended to transport ironstone from Cleveland to the works.

Who are Derwent&Consett Iron Company?

Derwent Iron Company in Consett was founded in 1840 by Jonathan to quarry and smelt ironstone. After the best local ironstone was depleted the Stockton and Darlington Railway and other local railways were extended to transport ironstone from Cleveland to the works. In 1857 a new company, Derwent & Consett Iron Company Ltd, took over the works.

What is the purpose of the Consett history project?

Our aim is to gather the stories and the memories of the people who lived and worked in Consett during the time of the steelworks, as well as connect everyone with the towns industrial past. We are adding new content all the time, and the gallery area is under constant construction. We hope to have plenty of content from the community to share.

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