Bone has been appointed by contractors Carillion, Mansell, Bourne Parking and Miller Construction to supply steel for six new schools in the south and north west of England, a waste recycling plant in Leicestershire, a multi-storey car park in east London, and a commercial development in Edinburgh.

‘Challenging market’

Chief executive Chris Bone said: “Despite the difficult trading conditions which have affected everyone operating within the construction industry, there is still work out there to be won and this is reflected in our current pipeline of bid work, which stands at over £200m.

“Like all steel companies, we have endured a difficult 18 months but we have demonstrated resilience and were able to adapt swiftly to the challenging market conditions.

“We did see a reduction in turnover in 2009, which is primarily due to the reduction in raw material costs, but we are continuing to drive efficiencies throughout the business and are working closely with our long-standing supply chain in order to mitigate the impact of significantly reduced margins.”

Established in 1938, Bone Steel is now one of the leading steel contractors in the UK, with headquarters in Wishaw and regional offices in London and Leeds.

It is involved in contracts across Europe and the Middle East.

Figures published on Tuesday suggested the UK economy had come out of recession, growing by 0.1% in the last three months of 2009.

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Article from bbc.co.uk/news