A business used to instability
THE STEEL market may have settled following its previous volatility, but there remain sources of instability.
Global demand is high, but steel producers are big energy users and are feeling the impact of rising oil prices.
The pound is weak, helping exports, but that has been caused largely by Brexit, which Mr James says is “always a concern”.
Nevertheless, he is confident that he can lead the 95-year-old company, with its reshuffled management team, on to greater things.
Mr James said: “As a business we’ve been through every kind of energy market, banking and financial turbulence you can think of.”