Severfield enjoys record £486m order book

Britain’s biggest steelwork contractor held margins over the year despite unprecedented inflationary and supply chain pressures.
Underlying pre-tax profit rose 11% to £27m in there year to March 2022 on revenue up by the same measure at £404m, driven mainly by the steep rise in steel prices.
Alan Dunsmore, chief executive officer, said: “The increase in profit also reflects our ability to offset inflationary cost increases through a combination of operating efficiencies,