Turnover Boost for Steel and Alloy

According to Midlands Business Insider, turnover at West Bromwich-headquartered Steel & Alloy has climbed by almost £30m , soaring past the £150m mark as theUK automotive sector continued its recovery.

But operating profit at the company, which supplies steel to the likes of Jaguar Land Rover, BMW and Ford, more than halved as it was hit by rising raw material prices and a loss in its Turkish market.

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